As the market continues it's "risk-off" sentiment with uncertainty fears from the war in eastern Europe we are seeing less demand for tech stocks. I do believe that later in the year there will be a lot of cost savings and potentially another stream of revenue from the logistics business AMZN are building but for now on a technical basis the previous support zone is now a resistance zone meaning a push down to previous supports is likely. Unless we have a major change in the fundamentals of market sentiment, I don't see AMZN being a good short term bet.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.