Tech giant Amazon.com Inc (NASDAQ: AMZN) closed around the $238 level on Tuesday, leaving it less than $5 shy of February’s all-time high. It’s been a strong couple of weeks for the stock, which had to deal with a post-earnings hangover at the start of August.
Investors were quick to buy into that; however, with shares just now just below the $240 mark once again, they’re right to be nervous.
