Looking at the 3 month chart on AMZN here, in my own opinion, it seems to me like we will remain to steadily increase over the next few weeks until earnings hit (July 23rd). From there, earnings are expected to be very respectable considering this is one of the few non over priced/bought stock in this demon of a market. We may see a huge blast off from Amazon once earnings hit, but for now, we remain to steadily increase. my TP for the week is $3020. Lets make some money!!!!!! Let me know what you think in the comments!
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My new tp on the month is 3200!
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New Monthly TP 3250!! We broke resistance 1 on the monthly today so this should be going wayyy up!