Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $950.00 short put and a strike $940.00 long put offers a potential 39.86% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $950.00 by expiration. The full premium credit of $2.85 would be kept by the premium seller. The risk of $7.15 would be incurred if the stock dropped below the $940.00 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 at 63.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Amazon
The Top Dog Vs. The Big Threat In Consumer Electronics Retail
Fri, 19 May 2017 14:56:30 +0000
The current earnings season has penned one more chapter in the ongoing drama portraying retail as a barren wasteland of hollowed-out malls, sliding into the inevitable nightfall of Amazon.com[ticker symb=AMZN]. But while department store and apparel retail stocks have veered into deepening losses, Best Buy shares are up 18% for the year through Thursday. That is far behind Amazon's 28%…
Walmart's online sales soar
Fri, 19 May 2017 14:43:00 +0000
This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and…
Retail And E-Commerce News And Stocks To Watch
Fri, 19 May 2017 14:41:24 +0000
Track the latest news, trends and leading stocks in the retail and e-commerce industries.
Considering Twitter as an Investment in 2017
Fri, 19 May 2017 14:35:43 +0000
Of the 37 analysts covering Twitter (TWTR), four gave it “buy” recommendations, 19 gave it “hold” recommendations, and 14 gave it “sell” recommendations.
Weekend roundup: 20 years of Amazon| How retailers are struggling | Should the Social Security age be raised?
Fri, 19 May 2017 14:25:36 +0000
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