AMZN

Today my friend asked me whether the rebound is real and if the March low will be undercut due to virus impacting the economy.. TBH I have no answer to that. But I show him the chart of AMZN for his judgement.

AMZN is one of the biggest cap and think about how much money need to pile into the stock for the stock to go up. We can also look at the volume to see if the buy is valid. I think this tells the virus will impact the economy but there is some other stocks that may be benefited by it and AMZN is definitely one of them.

The worst kind of drop is those in March where everything will go down, that was systemic. I think the market shows alot more order now.