Amazon.com (AMZN) is a closely watched company. There are at least 45 analysts according to FactSet (FDS) that watch their numbers like a hungry hawk. What could a look at the charts add to things? Let's check anyway.
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One of the great difficulties with downside trades lately is that selling pressure is brief, so I'm focusing on stock picking, even if it's narrowing.
Let's use what after-hours and pre-market traders see to our advantage, using BlueCity Holdings as an example.
Let's check the GPS and come up with a trading strategy.