New Signal: Amazon (AMZN) Continues to Gain As It Rides the e-commerce Global Boom, Supported by Rising COVID-19 Cases globally

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Amazon (AMZN) continue to spread its global logistics centers around the world as global demand for their services continue to rise at a higher rate. This month we learned of 3 new logistics centers in South America largest economy, Brazil; expanding its reach in the continent with a total of 8 logistics centers. Those new logistics centers will allow AMZN customers to receive deliveries within two days in over 500 cities in Brazil! The global demand for AMZN products and services continue rise and growth especially with the global Corona pandemic spreading. Looking at the chart, we can see AMZN trading at 3,310 level and our profit target is at $3,462 .[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”2873″ img_size=”full” onclick=”link_image”][/vc_column][/vc_row]

Leave a Reply

Your email address will not be published. Required fields are marked *