Negative Warnings On Amazon Finally Make A Difference; AMZN Ends At 3 Month Low.
August 25, 2107 Front-Page story on ‘MarketWatch‘.
August 22, 2107 Front-Page story on ‘MarketWatch’.
There was a sharp $15 drop on Thursday, August 24, 2017 but as the afternoon wore on buyers piled in and the loss was cut in half. [I just happened to luck out and do a decent option trade, around noon, when it was close to the low of the day. {Smile}].
On Friday it went down all day, albeit not dramatically — just drifted downwards slowly. But, it closes BELOW $950 at a 3-month low.
Yes, it could drift lower. $925 is realistic. But, I don’t think it will go much below that — BUT I could be wrong.
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