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Amazon closed yesterday 4.09% higher on the general stock market frenzy. Investors keep pouring money into the stock market, with technology companies being their favorites.
Since the pandemic started, Amazon is one of the companies that flourished. It hired hundreds of thousands of people and plans to hire some more. Its online store’s performance exceeded the wildest expectations as people trapped inside their houses spent more time (and money) on online goods and services.
Challenges…
The post Amazon Keeps Pushing Higher – What Drives the Price Action? appeared first on Vantage Point Trading.
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