$AMZN (+0,86%) The example of Amazon shows how extremely the market has reacted to the activities of Mr. Trump and friends within a very short space of time.
To Corona there was a setback of approx. -26%.
The current setback is already around -30%.
What still worries me, however, and why I see further downside potential, are the large volumes, which are still a few percent below the current prices.
Yesterday, the price already bounced off the small volume peak around 166$ (yellow arrow). A further test in the next few days looks quite likely. If this mark does not hold, the larger liquidity area will be somewhat lower at around 160$.
If you look at other large companies such as $GOOG (+0,71%) you see a similar picture - the large volumes are all somewhat lower.
Unfortunately, this is hardly predictable due to Trump, a deal at the weekend with one or two large countries can lead to a bounce right away, or further counter-tariffs can lead to a further tightening into even lower ranges 🥶🤷♂️
Stay vigilant and handle your cash carefully - that's all you can do at the moment anyway.
@TradingMelone What do you say as a volume expert?
