#AMZN #BABA Alibaba is in striking distance of dethroning Amazon.com Inc as the largest eCommerce company.
Alibaba Group Holding Ltd Stock: With 100% Rally, Is BABA Dethroning Amazon.com Inc?
Alibaba Group Holding Ltd (NYSE:BABA) stock has outperformed Amazon.com Inc stock. Analysts remain bullish on both. Alibaba's revenues and profits have grown.
Since 2:30 yesterday AMZN has traded within a $10 range and, after 4 down days it looks like it is about to turn back up. The Stochastic is at 20 and looks like it is about to turn up even though the EMA is still above 50 and headed down. If we don't go any lower this will be the third higher low and indicate that the uptrend has been re-established. Of course AMZN is famous for ignoring technical analysis so it is still a #$%$ shoot.
Why it’s crashing?
We signed up for Prime several months ago. Instead of charging us the annual rate Amazon was billing us monthly. Finally my husband called to straighten it out or so we thought. Instead of stopping the monthly billing until Nov of 2018 as they said, they charged us the approximately $106 annual fee. Called back and they supposedly fixed it again crediting his account only to find out this month that we were again charged another $106 annual fee. I'd like to quit and be done with them but my husband will wait to see if this is finally fixed. Can't they get their billing right? How many customers will walk which will decrease earnings and affect their stock price.
I'm glad I sold my shares. Others I would be in deep water by now.
I don't and will never short this or anything ,but Amazon grossly overpriced ! Who would want one of these shares when you could have five of these Nvidia shares ! It is unintelligent and just playing stupid !
Killed it on my Sept 15th calls, 300% return.. bought the Oct 20th $955 easy money... nice consolidation, bullish flag.. pop coming in the next couple of trading days.. $1025 next lvl
Hop on the AMZN train for gain.
Time to short TBK (Triumph Bancorp) Overvalued with a vengeance. Small company and IMO stock is ripe to crash and burn.
This is so undervalued. Can't wait for the holiday season
amazon rumor moved esrx up today and clipped $5B in martket value from cvs and walgreens
Yahoo Finance saying AMZN decision to locate to MEXICO.........BOOM....Get ready for some crazy tweets from EL Presidente Trump.....
It is time for AMZN to change the way Americans buy medications......
Anyone know what's happening to AMZN?
DANGER, DANGER, DANGER Will Robinson only 7 more days to FALL and then we can have the GREAT FALL in the FALL. The Great FALL in the FALL will come in the FALL.
I'm not a short seller but this stock is grossly overvalued maybe not over bought but is very very high priced !!!! Who the hell would want an Amazon when you can have five Nvidia and have change left over from your investment ? All the stock does is go sideways ! Also takes a beating at least one day a week ! In terms of percentage you guys are losing money with this stock at a grossly overpriced valuation !
When that crash gonna stop? It’s been a disaster since it hit the ATH.