Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $337.50 short put and a strike $332.50 long put offers a potential 31.58% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $337.50 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $332.50 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
Return to Behemoth Stocks
Wed, 27 Aug 2014 07:17:00 GMT
[$$] Amazon's Spending Makes Investors Twitchy
Wed, 27 Aug 2014 04:28:34 GMT
The Wall Street Journal – Twitch fits with Amazon's broad, high-spending strategy-which may have weighed on the stock this year.
Kobo's Aura H20 lets you read in the bath
Tue, 26 Aug 2014 23:00:00 GMT
Don't buy into Best Buy's chart: Technician
Tue, 26 Aug 2014 22:38:20 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/6qP4yzIRf0s7aWH4glnGZg–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@66471a60-10ca-3f76-91d0-5a2b13d1122b_FULL.jpg
Game on Amazon? Maybe not so fast
Tue, 26 Aug 2014 22:35:12 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/a3cXQBx_O9v169ci98l6AA–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@96591256-9c48-3eab-9e22-423656f52fdf_FULL.jpg
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