Amazon's most recent trend suggests a bearish bias. One trading opportunity on Amazon is a Bear Call Spread using a strike $302.50 short call and a strike $307.50 long call offers a potential 44.93% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $302.50 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock rose above the $307.50 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 45.59 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
Axway Cloud B2B Service Launches on Amazon Web Services
Mon, 10 Nov 2014 08:07:01 GMT
noodls – Axway Cloud B2B Service Provides Flexible, On-Demand Alternative to Dated EDI Integration Software PHOENIX – November 10, 2014 – Axway (Euronext: AXW.PA), a market leader in governing the flow of data, …
Why shoppers could have billions more to spend this Christmas
Mon, 10 Nov 2014 02:10:29 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/FxbX0_7.RYDvHazSary2og–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@15dfde5f-6350-31ee-8d36-56a3a2023a6b_FULL.jpg
8 iconic brands that have disappeared
Sun, 09 Nov 2014 16:10:44 GMT
The 12 best business books of all time
Sun, 09 Nov 2014 16:05:06 GMT
Department Stores To Give Back-To-School Show & Tell
Sun, 09 Nov 2014 13:02:00 GMT
Investor's Business Daily – The first snowflakes of the holiday shopping season are descending upon us, but before retailers can delve into Black Friday and after-Christmas sales, they have to show and tell investors about the end …
Related Posts
Also on Market Tamer…
Follow Us on Facebook