Why Amazon Could Be About To Breakout To $250

Amazon.com Inc. NASDAQ: AMZN has staged an impressive comeback since the dark days of early April. The tech giant is up more than 30% in barely more than two months and, as of Tuesday evening, was trading just under $215. That’s only around a 10% move away from February’s record highs at the $240 level. For those of us on the sidelines, it’s time to get excited because there are multiple signs that another leg higher is coming fast. Between bullish technical momentum, supportive analyst coverage, and a cons ...