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AMZN PT $3800I am not overly confident in this play as i feel once IWM completes it 100% retracement there will be a pull back in the market, especially getting closer to the election. But if my theory is wrong, Amazon like $TSLA and $AAPL should be the next big mover. I do expect AMAZON to follow suit and eventually do a stock split. This will most likely occur once we pass $3600. My other theory on this is that Jeff Bezos and Elon hate one another. After TSLAs stock split, it will probably very quickly get back to $1000/share making or potentially making Elon the richest person in the world. The only way to combat this is by AMZN doing a stock split to make their stock more affordable for Robinhooders. Depending on the election, I anticipate Jeff Bezos to be worth $500 billion by next year.
NASDAQ:AMZNLong
by ncontelmo