Amazon stock down below $1800. When will it go back up?
Not just Amazon, but tech in general. If you want to blame someone then blame the orange man.
We may be at peak Chinazon for our lifetimes ....
What does that mean?
I hope not
I just bought 10 shares at around 1780
Its a short setup.. s&p is heading back to 2400-2500 so amzn at 1300 1400 .
Why?
Trade wars with multiple countries .. also i mentioned a worst case scenario . Fed may do a rate cut before that so there could be short term bounce but without a deal its going to be a painful year or two. Also note rate cuts are indicators of upcoming recessions.
Amazon is so over valued it's not even funny.
Says the Facebook guy.
Cannot speak to fb but please compare p/e and then lmk what you think :)
Really I think aws makes it more valuable
U joined too late lol
No one know, but it seems like an buy opportunity Always buy for the long run