Amazon will likely continue to underperform its mega-cap colleagues as the market digests the coming recession (whether it be major or minor). A re-test of the 2019 low of around
65
seems like it's in the cards for 2023-2024.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
