After a healthy run-up, Amazon seems to cool-down. Jeff Bezos stepping down has a big role in stagnant days of AMZN stock.
Having strong revenue increases during pandemic, AMZN will continue to rise in long-term. With added online stores across different platforms,
pandemic killed the shopping centers for once and for all. Moving forward, we can confidently state that we will be living in an online shopping
era where companies like Amazon will be prospering!
Our entry strategy:
Short-term: Buy!
Long-term: Buy!
Possible support if fails to raise: 3,079.50
Having strong revenue increases during pandemic, AMZN will continue to rise in long-term. With added online stores across different platforms,
pandemic killed the shopping centers for once and for all. Moving forward, we can confidently state that we will be living in an online shopping
era where companies like Amazon will be prospering!
Our entry strategy:
Short-term: Buy!
Long-term: Buy!
Possible support if fails to raise: 3,079.50