UTOMAN
Long

AMZN trending with strong bullish trends.

NASDAQ:AMZN   AMAZON COM INC
Amazon presents strong bullish patterns with the medium volume that is expected to raise with Q1 announcement. A risk tolerance trader target at 3914$ reachable. Short term target at 3087$

Comments

For your prediction of over $3k do you think that’ll happen over the next 1-2 years or a few months?
Reply
UTOMAN jjadenm
@jjadenm, less than few months and there is potential of touching the 3k mark in the coming weeks, a target fuelled by the exceptional result of Q1 as well as Amazon following the "finance banking system" of AliBaba.
+1 Reply
jjadenm UTOMAN
@UTOMAN, Thank you!
Reply
UTOMAN jjadenm
@jjadenm, my pleasure

What I meant by the Finance banking system is the willingness of Amazon to internalize payments ins and out where sellers would hold a 'banking account' with Amazon.
+1 Reply
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