• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Is Amazon Stock Bouncing Back?

October 11, 2021
in Trading
Reading Time: 3 mins read
A A
0
Is Amazon Stock Bouncing Back?
0
SHARES
6
VIEWS
ShareShareShareShareShare

Amazon stock trades at $3,288.62, down significantly from its 52-week high of $3,773.08. Is this an opportunity to buy the dip?

Amazon stock price has been in the correction territory lately. If you want to make a decision regarding buying or selling Amazon shares, make sure you check the next sections below. We’ll dive down into Amazon’s stock potential, and why it is down 4.88% this past month.

How & Where to Buy Amazon Stock Online

If you want to buy or short-sell Amazon, you need to open a brokerage account. To help you save time, we’ve hand-picked the best online brokers right now:   

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Pepperstone

Pepperstone was founded in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, they set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade. Their mission is to create a world of tech-enabled trading where ambitious traders can embrace the challenge and opportunity of global markets.

Register with Pepperstone instantly

What Is Amazon?

Amazon is an American tech giant. Apart from its popular e-commerce platform, the company has also invested in different nascent technologies, including artificial intelligence, digital streaming, and cloud computing.

Should I Buy Amazon Today?

Most analysts believe that Amazon is still in a bullish run, despite the drop last Monday. The truth is that the stock markets have had a rough time lately, with many stocks being sold off as rising economic fears, including increasing wages and interest rates, affected most investors.

Amazon is subject to increased wage risks since it’s massively hiring new employees ahead of the holiday season. However, these expansionary activities may not be all about bad news: the company is expected to increase its market share, improve the shipping speed, and become more powerful in the long term.

Amazon Price Prediction 2021

Most analysts believe that Amazon’s share price will reach $4,100 in the next 12 months. However, some also believe that growing wages will take a toll on Amazon’s profitability, which may also impact its share price growth.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Afghan-Women Have Been Able to Use Bitcoin To Flee Afghanistan

Next Post

SEC approves crypto stock ETF- Volt Equity’s Crypto Stock ETF, Is a Bitcoin ETF next?

Related Posts

How to play stocks as nonfarm payrolls increase in January?
Trading

How to play stocks as nonfarm payrolls increase in January?

February 6, 2023
3
8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates to Ecommerce Sellers  
Trading

8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates to Ecommerce Sellers  

February 5, 2023
5
LBank Exchange Will List Metaverser (MTVT) on February 7, 2023
Trading

LBank Exchange Will List Metaverser (MTVT) on February 7, 2023

February 5, 2023
5
3 Strategies for Importing Goods From the U.S. to Europe
Trading

The Uyghur Forced Labor Prevention Act: Why and What Importers Need to Know

February 4, 2023
4
As Adani implodes, how safe is Reliance Industries stock?
Trading

As Adani implodes, how safe is Reliance Industries stock?

February 4, 2023
8
Next Post
SEC approves crypto stock ETF- Volt Equity’s Crypto Stock ETF, Is a Bitcoin ETF next?

SEC approves crypto stock ETF- Volt Equity's Crypto Stock ETF, Is a Bitcoin ETF next?

Recommended

S&P 500 breaks above 4,000 as Democrat propose eliminating debt ceiling

S&P 500 breaks above 4,000 as Democrat propose eliminating debt ceiling

January 24, 2023
5
NFT Collection Gangster All Star Evolution Price, Stats, and Revi…

NFT Collection Gangster All Star Evolution Price, Stats, and Revi…

January 28, 2023
3
Citi sees another 20% upside

Citi sees another 20% upside

February 3, 2023
5
Stocks moving in after hours: Tesla, Salesforce, Microsoft, Intel

Stocks moving in after hours: Tesla, Salesforce, Microsoft, Intel

January 28, 2023
7
Internet service providers in Nepal asked to block crypto-related websites

Internet service providers in Nepal asked to block crypto-related websites

January 10, 2023
4
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • FTX Requests Return of Donations from SBF’s Political Beneficiaries
  • Ripple and VeChain to conquer this futuristic billion-$-market
  • FinTech Firm tZERO Announces Exchange Shutdown

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?