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Last week I loaded a $AMZN 230c exp. 12/20 for $4.40.
$AMZN has been set up for a bullish explosion for a long time now.
A three-year base is more than just something to nod at, however.
Fundamentally, they've been toe-to-toe, and in most cases, the top dog when it comes to customer service in the online retail world.
The world is also turning in the same direction as artificial intelligence - another driver Mr. Bezos has implemented into AWS, they're main revenue driver.
The company is posting significant profit growth, already surpassing last year's final tally of $93B, and Amazon Prime Day is set to launch July 16th and 17th.
To play to the bear, $AMZN is supposed to be going toe-to-toe with Tik Tok shop on a similar campaign during the same week...
...but to the bull, $AMZN isn't facing class-action lawsuits by the U.S. Government like its alleged competitor.
This stock's build up might just be exactly what S&P 500 needs to reignite the market.
These contracts are already up 100%, and I'm excited about where they're going...
NFA :)
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