Stock Of The Day: Will Amazon Refill The Gap?

Amazon.com, Inc. (NASDAQ:AMZN) shares are trading sideways on Thursday. As you can see on the chart, they gained almost 4% on Wednesday after breaking resistance around the $211 level.There is a chance they continue to move higher. ‘Gaps tend to refill' is an old adage on Wall Street. It's true, and it may happen with Amazon. This is why it is our Stock of the Day.In the short term, markets tend to move because of emotions and psychology. This can be seen on price charts.For example, remorseful buyers creat ...