If you haven`t bought this bounce:
then you should know that AMZN revenues rose 7% in the first Q of the year to $116.4bn, slowest growth in two decades!
Earnings per share (EPS) were -$7.56 vs $8.55 analyst predictions, first quarter it has posted a net loss in at least four years.
My price target is now the $2400 support, with a possible bounce by the end of...
If you haven`t bought the dip:
Then you should know that AMZN is the only giant who hasn`t made a stock split yet.
Alphabet Inc. announced a 20-to-1 Stock Split yesterday.
And you all know how appealing were Apple , Tesla and Nvidia for retail investors after the stock splits!
My short term price target is $3150.
Looking forward to read your opinion about it.
