Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1925.00 short put and a strike $1920.00 long put offers a potential 42.86% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1925.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $1920.00 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 67.68 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
Just One Year Since Joining The Amazon Family, Whole Foods Market Customers Have Saved Hundreds Of Millions Of Dollars
Tue, 28 Aug 2018 04:01:00 +0000
More customers are enjoying Whole Foods Market’s quality than ever before, and Whole Foods Market 365 Every Day Value is now the #1 brand on AmazonFresh and Prime Now
Jim Cramer: FANG Is Back, but It's Not Powering This Market
Mon, 27 Aug 2018 23:01:00 +0000
No, FANG didn't do it. No, FANG isn't powering this market higher. But FANG isn't dead either. Take a look at the S&P 500, which gained 0.8% Monday. Now look at Facebook , up 1.6%, Amazon , up 1.
Facebook Stock May Be Setting Up as a Buy
Mon, 27 Aug 2018 22:26:39 +0000
It’s been a highly volatile ride for Facebook (NASDAQ:FB) stock so far in 2018. Investors are no doubt wondering if they want to part ways with Facebook. Should investors sell FB stock and buy other FANG behemoths like Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), Amazon.com (NASDAQ:AMZN) or Netflix (NASDAQ:NFLX)?
Whole Foods Starts to See Benefit of Amazon Effect
Mon, 27 Aug 2018 22:25:26 +0000
Aug.27 — There are already hints that the fabled Amazon effect is boosting Whole Foods, which had been losing ground to rivals as organic food went mainstream. In more than 100 places around the U.S., the upscale grocer gained foot traffic at the expense of Trader Joe’s, Walgreens and Dollar Tree Stores in the past year, according to Sense360, a Los Angeles company that tracks location data from millions of smartphone users. Bloomberg's Brad Stone has more on "Bloomberg Technology."
Whole Foods Starting to See Benefit of Amazon Effect
Mon, 27 Aug 2018 22:25:07 +0000
There are already hints that the fabled Amazon effect is boosting Whole Foods, which had been losing ground to rivals as organic food went mainstream. In more than 100 places around the U.S., the upscale …
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