Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $895.00 short put and a strike $885.00 long put offers a potential 47.06% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $895.00 by expiration. The full premium credit of $3.20 would be kept by the premium seller. The risk of $6.80 would be incurred if the stock dropped below the $885.00 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 61.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Amazon
Google Home Now Able to Recognize Different Voices
Fri, 21 Apr 2017 09:13:00 +0000
The California-based company’s latest update gives it a distinct advantage over Amazon’s Echo.
PRESS DIGEST- British Business – April 21
Fri, 21 Apr 2017 00:03:34 +0000
The following are the top stories on the business pages of British newspapers. – Managing director of the International Monetary Fund Christine Lagarde has called on countries to pull together in the fight against a damaging retreat into protectionism amid mounting evidence that a global trade war is already under way. – A U.S. crackdown on steel imports is looming after President Donald Trump ordered an investigation into unfair export practices, setting up a potential showdown with China.
Cramer Remix: The Sherwin-Williams & Valspar deal could b…
Thu, 20 Apr 2017 23:21:00 +0000
Jim Cramer added some color to a stock that has the potential to paint profits on Wall Street.
JPMorgan's Matthew Boss says 2 key factors are fueling br…
Thu, 20 Apr 2017 23:05:00 +0000
Jim Cramer spoke with JPMorgan retail analyst Matthew Boss about how these retailers are using convenience and value to win.
Starbucks turns to the wind and sun for energy, including a new 150,000-panel solar farm
Thu, 20 Apr 2017 23:02:34 +0000
Since last fall, Starbucks Corp. has been quietly building a solar farm in North Carolina, and it's almost ready. With 149,000 solar panels, the farm has the ability to deliver the clean energy equivalent to the electricity powering 600 Starbucks stores in North Carolina, Delaware, Kentucky, Maryland, Virginia, West Virginia and Washington, D.C., the company says. “We’re happy to partner with utilities to do this, but we now also have options to engage with projects directly,” said Patrick Leonard, who sources renewable energy for Starbucks stores in the U.S. and Canada.
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