A new rule goes live in July — and the banks are quietly cashing in (From American Alternative)
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 consistent tendency to rally into earnings, there are at least three solid reasons to think shares could be trading at $250 or more before the summer is out. Something big is brewing in Washington.
According to my research, an executive order from President Trump could be just weeks away.
And it holds the potential to trigger one of the most explosive tech booms in US history.
At the center of it all? Robots.
Not the kind that clean your house or pour you coffee.
But the kind that could reshape entire industries, add $1.2 trillion per year to the US economy, and affect 65 million American lives — just in the next year. This little-known company holds nearly 100 patents and trades for around $7 The Technical Setup Is Bullish Since April, Amazon’s chart has been showing higher highs and higher lows, a classic sign of a strong uptrend. Each dip has been shallow and swiftly bought up. Momentum is clearly on the bulls’ side, and with the broader market in risk-on mode, that trend looks likely to continue. In recent sessions, the $215 level has emerged as a key resistance zone. It’s where sellers have stepped in and checked the upward momentum, but they’ve been unable to reverse the overall trend. With the stock tightening into that level, we’re now looking at a textbook breakout setup. A clean push through $215 could trigger a fast move up to retest the all-time highs at $242. But it may not stop there. In a market driven by momentum and narrative, the psychology of a breakout can be just as powerful as any catalyst. A break above all-time highs would confirm the bullish structure, clear the way for new upside targets, and likely trigger a wave of technical buying. If that happens, $250 becomes a very achievable near-term target. Analysts Are Getting Louder The analyst community is doing its part to support the bull case. Already this month, both JPMorgan Chase and Bank of America have reiterated their Overweight ratings and issued fresh price targets. JPMorgan raised its target to $240, while BofA raised its target to $248. Both calls reflect growing confidence that Amazon’s underlying business remains robust, especially on the AWS side, and that it’s well-positioned to continue outpacing expectations. These new targets align broadly with other analysts' bullish stance throughout the year, but they are far from the most optimistic. The team over at Tigress Financial reiterated their Buy rating last month and boosted their price target to a street-high $305, which implies more than 40% upside from current levels. A Historic Gold Announcement Is About to Rock Wall Street?
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