$Amazon (AMZN.US)$ why is there so much selling pressure tar...
$Amazon(AMZN.US$ why is there so much selling pressure targeting amazon???
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dwarrior : Weak consumer due to high inflation and high interest rates.
104158439OP dwarrior: The broader US market isn’t doing too bad. Even NVDA is picking back up slowly now from the downtrend today. But the Amazon selling pressure is just too high and it is going to start a new bear trend through the month and possibly through the rest of the year.
Dash12 : It’s been green for like a week and is up big on the year I don’t understand the question it did have a bit of a pull back but so did most the market
104158439OP Dash12: Look at it now. Look at the bear trend and the resistance rejections. Most other stocks are rallying today. Amazon seems to be targeted by sellers for some reason.