Here I have a shortly developed bull case for $AMZN.
$AMZN is nothing short of a slouch when it comes to consistent development and R&D.
I see $AMZN competing in a few spaces that will take us on another sweep to 4,000.00 per share.
In the most recent week, amazon missed quarterly earnings due to a few financial adjustments being made within the overall business. A lot of economical changes have occurred as of recently. And $AMZN has mentioned these will affect the financials of the business in the short term.
Now going into the higher consumer half of the year, we are still facing some cargo constraints. But luckily for amazon that won't be a problem.
With the widening logistics footprint, $AMZN will be able to continue to push consumers at the overnight rate.
But what is being discounted here is
-$AWS. Amazon Web Services. Growing at 39% with 30% Margins And operating income of 4.8B.
$AMZN Logistics Front Print.
Technicals
A bull trend with 15month+ consolidation.
Repeat Trend.
Bull Flag.
Friday's Close Volume was Double the recent 10day avg.
6.4M of 3.M
I will be buying the 4000C 47days. 6.00 or Less.
$AMZN is nothing short of a slouch when it comes to consistent development and R&D.
I see $AMZN competing in a few spaces that will take us on another sweep to 4,000.00 per share.
In the most recent week, amazon missed quarterly earnings due to a few financial adjustments being made within the overall business. A lot of economical changes have occurred as of recently. And $AMZN has mentioned these will affect the financials of the business in the short term.
Now going into the higher consumer half of the year, we are still facing some cargo constraints. But luckily for amazon that won't be a problem.
With the widening logistics footprint, $AMZN will be able to continue to push consumers at the overnight rate.
But what is being discounted here is
-$AWS. Amazon Web Services. Growing at 39% with 30% Margins And operating income of 4.8B.
$AMZN Logistics Front Print.
Technicals
A bull trend with 15month+ consolidation.
Repeat Trend.
Bull Flag.
Friday's Close Volume was Double the recent 10day avg.
6.4M of 3.M
I will be buying the 4000C 47days. 6.00 or Less.
Trade active:
We are steering the ship guys. phewww. this can be a pretty good position.
Comment:
Update. My calls are up. 300%. Still holding. Great position.
Comment:
Calls touched 750% this week. But im not finished.