#bstockscis @BinanceCIS
Today we’ll take a look at $AMZNB .
Right now it’s at the $264.08 level.
Over the day, almost nothing happens—up and down by only 0.91% at most. The price just sits in a sideways range between $263.79 and $264.43. A typical narrow channel.
And recently, it shot up to its absolute high of $286.97. I thought: well, that’s it, now it’ll go further, it’ll be madness. But it just moved sideways. No sharp reversal, no panic—just stopped and hung there.
Although many analysts expect the price to be around $322.56, which is a growth potential of 22.81%, come on, Carl!!!
Also, I don’t miss the statistics. For example, here are the facts: revenue growth for Amazon Web Services (AWS) has accelerated to 37% year-over-year. This is the highest pace in 18 quarters, and the operating margin is up 39%—so how can you not grow after factors like that????
And what irritates me most right now is how, after all this, someone can take a pause? People are preparing, waiting for the move, and yet it doesn’t fly further and it doesn’t crumble. It just stands and digests the momentum. After the $286 maximum, I’m watching this sideways range tensely.
What do you think—will it surprise us again?
Today we’ll take a look at $AMZNB .
Right now it’s at the $264.08 level.
Over the day, almost nothing happens—up and down by only 0.91% at most. The price just sits in a sideways range between $263.79 and $264.43. A typical narrow channel.
And recently, it shot up to its absolute high of $286.97. I thought: well, that’s it, now it’ll go further, it’ll be madness. But it just moved sideways. No sharp reversal, no panic—just stopped and hung there.
Although many analysts expect the price to be around $322.56, which is a growth potential of 22.81%, come on, Carl!!!
Also, I don’t miss the statistics. For example, here are the facts: revenue growth for Amazon Web Services (AWS) has accelerated to 37% year-over-year. This is the highest pace in 18 quarters, and the operating margin is up 39%—so how can you not grow after factors like that????
And what irritates me most right now is how, after all this, someone can take a pause? People are preparing, waiting for the move, and yet it doesn’t fly further and it doesn’t crumble. It just stands and digests the momentum. After the $286 maximum, I’m watching this sideways range tensely.
What do you think—will it surprise us again?