All That Glitters Is Sold

Melt down in the face of a coming Venmo x Amazon partnership. This makes me wonder if Amazon itself has reached a temporary top as traders are thinking earnings are set to dampen here on out. That would ripple into the weaker names that don't have enough earnings to support the price

Paypal was one of those

Zoom was another

Zooming out to the current chart

Updates on the rest coming soon as they start to play out

Comment:

Square and Zoom might not fall all the way to fair value. Can meet in the middle on these ones.

Comment:

I'm thinking the S is a decent target