Amazon's most recent trend suggests a bearish bias. One trading opportunity on Amazon is a Bear Call Spread using a strike $310.00 short call and a strike $315.00 long call offers a potential 33.33% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $310.00 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock rose above the $315.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Amazon is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Amazon is bearish.
The RSI indicator is at 33.37 level which suggests that the stock is neither overbought nor oversold at this time.
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
GungHo and Tencent Back Mobile Gaming Community Kamcord
Thu, 11 Dec 2014 08:02:13 GMT
Amazon job posts hint at global ambitions for same-day delivery
Thu, 11 Dec 2014 05:54:38 GMT
Amazon job posts hint at global ambitions for same-day delivery
Thu, 11 Dec 2014 05:04:22 GMT
Amazon job posts hint at global ambitions for same-day delivery
Thu, 11 Dec 2014 05:01:00 GMT
Reuters – UK Focus – Amazon.com Inc is considering expanding its same-day delivery program globally, recent job listings show, underlining the importance of fast shipping to its ability to compete with the instant gratification …
Amazon job posts hint at global ambitions for same-day delivery
Thu, 11 Dec 2014 05:01:00 GMT
Reuters – Amazon.com Inc is considering expanding its same-day delivery program globally, recent job listings show, underlining the importance of fast shipping to its ability to compete with the instant gratification …
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