One Curious Outlier

In spite of the surging, surging, surging stock market, one puzzling outlier is the former momentum stock Amazon. Anything this well-known (and well-loved) that sits out a day like this merits attention. It needs to get above the tinted zone I’ve drawn below to reassert itself; otherwise, I think it’s just going to roll over at the first sign of market weakness (should such a thing ever be permitted in our lifetimes).