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Amazon stock breaks long-term chart support, and the worst may still be to come

Por: MarketWatch Business November 04, 2022

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First, the bad news. Amazon.com Inc. stock has taken a historic beating since the middle of last week. And for the fifth straight session, the stock erased an early intraday gain of at least 1% to sink into the red. On Friday, it was up as much as 3.5% mid-morning before pulling a sharp U-turn to trade down 0.3% in afternoon trading, heading toward the longest losing streak in three years. It has plunged 26.1% during the streak, which would be... + full article



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