AMZN Earnings

Hubert Senters here. WARNING. This is all pure speculation. I do not recommend this strategy but I know a lot of you have been asking me questions about this. Hey, how’s the trade Amazon’s earnings like. Number one, I don’t play them. I wait until the earnings happen and then I place to trade after either I gap up or gap down. But if you want to speculate it looks like it’s going to be to the upside. I cannot guarantee any of that but a lot of the tech companies have been good. We got a good Facebook you got good old-fashioned Apple and Amazon. And so it looks like it’s going to be on the upside too. But and you’ve also got two bars above the cloud so it’s probably going to gap up and trade. I would say around let’s say $1800 or $1900. That’s one hundred point swing. Maybe I’ll be right. Maybe I’ll be wrong. But anyway, in this case it’s already above the cloud. It’s got some upward momentum going with it. If it’s slightly positive it’ll gap up to probably around $1800. It could be slightly better or slightly worse. And then you could trade that gap after that happens. Be careful. This stuff is risky. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.    

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