Amazon Just Did This—and It Didn't End Well Last Time

Amazon logo on phone screen with dropping stock chart in the background. Key Points Amazon’s ongoing drop just triggered a rare RSI swing from extremely overbought levels to near-oversold levels in just two weeks - the last time this happened, the stock fell 35%. However, the company’s fundamentals, analyst support, and diversified growth engines are all as strong as ever. If there is to be a similar drop this time around, then it would be another golden buying opportunity.  Interested in Amazon.com, ...