The Amazon Record High - 83018

Kristin Alonzo

30-Aug-2018 21:59 PM



Amazon stock price is on a simultaneous record high print, this week investors cheer on the report of plans of free   T.V. streaming through Amazon Fire - plus Morgan Stanley price target for Amazon stock hike to $2,500 per share.

I keep track on Amazon price history - the notable irrational exuberance to establish a baseline of "extended or overbought" reading, I personally come up with this equation and uses this for my personal trades.  This week marks the 2nd most overbought it has been, compared to February of this year.

** The calculation for this is only used for short-term trading, not for investing**

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Twitter:  @ Kris_tin27



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Disclaimer! This is NOT an investment advice. The data result herein is purely speculation only. You must do your own due diligence and mitigate your risk. You acknowledge that will not be held responsible and accountable for any losses you may incur using our Biotech Data Calculator. Please consult your own financial adviser before executing trades.