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Shares of AMZN rose in after hours more than 8% after company said its first-quarter profit more than doubled. Quarterly earnings rose to $111 million, or 26 cents per share, from $51 million, or 12 cents per share, during the same period last year. In addition, for the current second quarter, Amazon.com said it expects revenue between $2.70 billion and $2.85 billion. Overall earnings and sales that exceeded Wall Street estimates. Looking at the chart stock still trading in Overbought conditions midle of April, so I will not be surprised if we see tomorrow or even in short term a some profit taking in the stock. AMZN operates retail websites and offers programs that enable third parties to sell products on its websites. It also operates other websites that enable search and navigation and a movie database.

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