Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1280.00 short put and a strike $1265.00 long put offers a potential 54.64% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1280.00 by expiration. The full premium credit of $5.30 would be kept by the premium seller. The risk of $9.70 would be incurred if the stock dropped below the $1265.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Amazon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Amazon is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Amazon
Amazon is the insider secret for global beauty fanatics
Thu, 18 Jan 2018 10:24:22 +0000
Less than two decades ago, if you lived in North America and wanted to buy a French skincare product—say, Bioderma micellar water, a favorite of Gwyneth Paltrow’s—you had to ask a friend, probably a close one, to bring back a few bottles from Paris. This was no small favor to request, as the Bioderma bottles…
Prepare for these 5 tech stocks to move big on earnings
Thu, 18 Jan 2018 10:02:21 +0000
Jeff Reeves says these are the tech earnings reports you want to watch (and it's just FAANG members).
Exclusive: Amazon Studios to cut back on indie films in programing shift: sources
Thu, 18 Jan 2018 09:47:16 +0000
SAN FRANCISCO/NEW YORK (Reuters) – Amazon.com Inc (AMZN.O), which has made waves in recent years buying art-house movies at the Sundance Film Festival, is heading to the prestigious event this week with a long-term change in the works: It plans to shift resources from independent films to more commercial projects, people familiar with the matter told Reuters. Initially, Amazon worked on high-brow movies that would win awards, put it on the map in Hollywood and help it attract top talent. Now, Amazon wants programming aimed at a far wider audience as it pursues its central business goal: persuading more people to join its video streaming service and shopping club Prime.
1 Major Threat Oracle Investors Can't Afford to Ignore
Thu, 18 Jan 2018 02:38:00 +0000
Some competitors are trying to bridge the moat surrounding its database dominance.
Apple plans new U.S. campus, to pay $38 bln in foreign cash taxes
Thu, 18 Jan 2018 02:14:00 +0000
Apple Inc will open a new campus as part of a five-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump. The company has been under increasing pressure to make U.S. investments since the 2016 presidential campaign, when Trump targeted the iPhone maker for making products in Asian factories. While Apple has announced no plans to change that practice and experts say it would be economically impractical to make iPhones in the United States, the company has begun to emphasize its U.S. economic impact, from developers who sell software on its App Store to the tens of billions of dollars per year it spends with U.S. suppliers.
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