And AMZN is the Filet Mignon or Cavier, if you will, of the stock market. It other words, it is the most loved, supported, dipbought, and chased stock in the markets. It has now supplanted AAPL which has fallen off and weakened in technical strength compared to AMZN. The charts show it and the daily trading behavior shows it. AMZN ROCKS AGAIN AND AGAIN! YEAH BABY YEAH!! is a saying for a reason.
just on bullish trading alone, AMZN stock used as a bullish trading vehicle via options etc by the power. It's expanding PE being used by them to trap shorts on over valuation concerns. Seen then trapped and money sucked many times over the last 4 years. Like a spider catching bugs in a web.