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Amazon stock performance recently ?

Z
Apr 11, 2026 · 17:20

Could someone familiar with the Canslim swingtrading methods please exlain to me the why behind Amazon's big rise in price to $238 recently. . I've been studying swing trading for the past 8 months and I follow great Traders like Stan Weinstein, MInervini, and David Ryan They normally do not buy a stock that is is below the 200 moving average and they don't know normally buy when the 50 day moving average is on a downtrend and when the 50 MA is below the 200 MA. I realize that Amazon's pice rise occured when it rose above the 50 MA on very high volume and gapped up. Just trying to educate myself and clear the confusion. Was this perhaps one of the times when strict rules dio not work ideally, but if followed consistently in the long term will prove to be much more advantageous in your trading. Or am I missing something? Any comments will be very highly appreciated. ⁹