“Stock Market Turns RED: Oil, Inflation & Stocks to Watch Now”
AMZN is languishing below its 50-day moving average and facing pricing pressure; technicals are weak.
Amazon on the other hand just continues to languish, and now it's kind of hovering below its 50-day moving average. Uh I always say not a lot of good things happen below the 50.
Uh maybe it can kind of show us that it wants to be above here, but I think there's some pricing pressure that Amazon's going to be feeling like I just mentioned.