How Amazon Shares Prices Responded to Spain Strike

strikes are bullish in short term.— Marketcalls (@marketcalls_) January 3, 2019

News on 3rd Jan 2019

 Workers at Amazon’s biggest warehouse in Spain started a two-day strike on Thursday just ahead of a gift-giving feast day, as part of a long-running campaign for better pay and conditions.

The strike, called by the country’s two main unions, CCOO and UGT, may affect the delivery of products for Epiphany, the day on which three kings brought gifts to Jesus in Christian tradition, which most Spaniards mark by exchanging presents.

Source : Reuters

Since the day spain strike news hit the wire stock is up by more than 5% in 2 trading sessions and 10% in a span of 10 trading sessions.

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