amazon stock crashes by Jorge Alán Ramírez Elías https://padlet.com/a01701350/hncf1a2z8fj5 en-us 2018-09-26 23:22:55 UTC 2025-11-24 16:09:27 UTC hello@padlet.com Amazon stock has doubled in over the past year, with its valuation briefly soaring over $1 trillion. But now the stock has dropped by about 6% since reaching an all-time intraday high of 2,050, on September 4. Technical analysis suggests the shares may fall an extra 4%, pushing the stock into a correction, with shares down by 10% from their peak a01701350 https://padlet.com/a01701350/hncf1a2z8fj5/wish/286291001 2018-09-26 23:24:02 UTC https://padlet.com/a01701350/hncf1a2z8fj5/wish/286291001 a01701350 https://padlet.com/a01701350/hncf1a2z8fj5/wish/286292799 2018-09-26 23:35:17 UTC https://padlet.com/a01701350/hncf1a2z8fj5/wish/286292799 a01701342 https://padlet.com/a01701350/hncf1a2z8fj5/wish/286311257 Amazon's stock has been rising since April in a technical pattern known as a rising wedge. It is a bearish technical pattern, suggesting the stock will fall. The shares may fall to a price of around $1,840, which is the next level of technical support. 


]]> 2018-09-27 01:33:30 UTC https://padlet.com/a01701350/hncf1a2z8fj5/wish/286311257 a01701342 https://padlet.com/a01701350/hncf1a2z8fj5/wish/286311583 Analysts are still very bullish on the stock long term. They are forecasting earnings to climb by almost fourfold in 2018 to $17.45 per share. This is followed by earnings growth of 46% in 2019, and 48% in 2019. 


]]> 2018-09-27 01:35:23 UTC https://padlet.com/a01701350/hncf1a2z8fj5/wish/286311583 Not the first time Andrea_MenPas https://padlet.com/a01701350/hncf1a2z8fj5/wish/286313945
If the shares drop, it will not be the first time in 2018. The stock plunged by almost 17% in March. It resulted in the stock rising by more than 40% to its current price.]]> 2018-09-27 01:48:01 UTC https://padlet.com/a01701350/hncf1a2z8fj5/wish/286313945