Amazon's most recent trend suggests a bearish bias. One trading opportunity on Amazon is a Bear Call Spread using a strike $315.00 short call and a strike $320.00 long call offers a potential 41.24% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $315.00 by expiration. The full premium credit of $1.46 would be kept by the premium seller. The risk of $3.54 would be incurred if the stock rose above the $320.00 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 36.36 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
[$$] Future Group to Sell Online Through Amazon
Mon, 13 Oct 2014 07:46:51 GMT
Biyani's Future Group ties up with Amazon India
Mon, 13 Oct 2014 07:34:39 GMT
Biyani's Future Group ties up with Amazon India
Mon, 13 Oct 2014 07:34:39 GMT
Biyani's Future Group ties up with Amazon India
Mon, 13 Oct 2014 07:23:54 GMT
Reuters – India's Future Group and Amazon India have formed a partnership by which the retailer will sell its merchandise exclusively online, the companies said on Monday, the latest in a series of such moves by traditional Indian merchants. Future Group is controlled by Kishore Biyani, known as the father of Indian retail. The group operates some of India's biggest retail chains including Big Bazaar, eZone, Brand Factory and Home Town. The alliance with Amazon is further evidence that traditional retailers in India have decided to join hands with e-commerce players rather than resist them.
[$$] Overheard: Amazon’s Prime Numbers
Mon, 13 Oct 2014 05:08:17 GMT
The Wall Street Journal – Overheard: Amazon’s Prime Numbers
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