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Sherem
Jul 9, 2020 7:10 PM

AMZN, how far can maximum stupid go? 

Amazon.com, Inc.NASDAQ

Description

Is this an alt coin or amazon? I will let you decide. Everyone knows it's too high, it's just a matter of when before it pulls back. Technically there aren't any divergences on lower time frames. just the monthly which you can see here. Means we could go a higher, which is crazy. If you are going to bet against this, long dated puts are probably the best.

-Sherem
Comments
ttk100
I agree whereas amazon at least somehow makes sense, but waaaay worse and not making any money compared to the chart is shopify!
BorisPoff
$10,000
Noxtreme
HA HA HA.
Don't know, don't care, but it gives me money everyday.
Asenn
there is a true partial reason to this growing, everyone is stuck at home so amazon effectively make more profits (because people buy)
Sherem
@Asenn, Their margin's have shrunk in the process. Long term, sure I am very bullish on it. But short term with a move like this? Ridiculous.
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