Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1817.50 short put and a strike $1812.50 long put offers a potential 33.33% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1817.50 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 dropped below the $1812.50 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 at 74.01 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
Could blockchain technology play a role in the publishing industry?
Thu, 04 Apr 2019 08:00:02 +0000
A number of blockchain projects are now aiming to use decentralisation to help small publishers and self-published authors compete with industry giants. From introducing blockchain-powered content distribution platforms to implementing rights distribution on the network, blockchain in publishing could change the marketplace for good. This new technology could mark the beginning of a new era in publishing and create new rules for how profits are shared. Smart contracts for instant payments In 2017, the US book publishing industry registered revenues of $26.23 billion from publisher sales. This was a decline from the previous year, although it marked an important milestone in the industry. Online retail channels equalled their brick-and-mortar rivals (in financial terms) and were ready to surpass them. As The post Could blockchain technology play a role in the publishing industry? appeared first on Coin Rivet.
FirstFT: Today’s top stories
Thu, 04 Apr 2019 05:23:23 +0000
for Commerzbank amid signs that a planned mega-merger with Deutsche Bank is faltering, the FT has learnt. The Italian bank is unlikely to gatecrash negotiations, but it has been interested in Commerzbank for several years, approaching German officials about a tie-up in 2017. UniCredit’s plan would merge Commerzbank with German lender HypoVereinsbank.
The Hottest New Hedge Fund of 2018 Is Buying These Stocks
Thu, 04 Apr 2019 05:03:57 +0000
As it turns out Michael Gelband’s ExodusPoint Capital is the hottest new hedge fund of 2018 because more and more people are stepping down from its current portfolio manager roles just to take a chance at working at ExodusPoint as analysts. For example, Josh Powers joined ExodusPoint in December leaving First New York, where he […]
You Won't Believe How Much Americans Spend on Drunk Online Shopping
Thu, 04 Apr 2019 04:25:00 +0000
Or maybe you will — odds are, you too have purchased under the influence.
AWS to Open New Region in Indonesia
Thu, 04 Apr 2019 03:00:00 +0000
New AWS Asia Pacific Region will arrive by the end of 2021 / early 2022, enabling customers to run workloads in Indonesia, and serve millions of end-users across Asia Pac
Related Posts
Also on Market Tamer…
Follow Us on Facebook