Amazon.com Inc (AMZN)

[TechWhiz]

Hey Budget - can you say BOOM...

In order to get a feel for our upcoming Earnings let's take a stroll back in time to April 2018:

1. On 4/25/18 we closed at $1460.
2. On 4/26/18 we closed at $1518. Up $58
3. On 4/26/18 after hours Amazon released their 1st Quarter Results. Wow, they were really good.
4. On 4/27/18 we opened at $1634. Up $116
5. From the 4/25 close thru the 4/27 open we spiked $174.

Now back to the future.

1. Revenue and Earnings are expected to be coming in around 12 % higher than 1st Quarter 2018.
2. Provided we have no major negative news or fear factors, I honestly see us hitting $2000 the day after Earnings.
3. If we come close or hit $2000 then we will need to slow things down and consolidate a little bit before the next leg up and take back the $1 Trillion Dollar Valuation in June.

I see us back to the fun times we had in 2018 where we will be heading to infinity and beyond.

Go Amazon!!!