Hello all,
This shit is getting out of hand. When crash? I said it earlier and I'll say it again: you should not be buying AMZN at these prices.
If you're unfamiliar with my work, the labels are key technical indicators I look at. We have closed on a red ashi, which statistically tells us we are likely to fall more. We have the macd at dy/dx=0 which tells us we are at a local maximum (local extrema =/= global extrema). And, we have a super overbought RSI.
Also, not that anyone cares anymore, but the PE ratio is like 160 or something last I checked. It's stupid.
There ya go.
-YoungShkreli