Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $1505.00 short put and a strike $1495.00 long put offers a potential 51.52% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $1505.00 by expiration. The full premium credit of $3.40 would be kept by the premium seller. The risk of $6.60 would be incurred if the stock dropped below the $1495.00 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 66.15 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Amazon
One Gaithersburg biotech's latest marketing push: Selling doomsday kits on Amazon
Thu, 01 Mar 2018 10:30:11 +0000
For $50 and the cost of shipping on Amazon , you could get the same protection against chemical weapons that Gaithersburg's Emergent BioSolutions sells to protect soldiers on the ground. If you hit purchase, you would get what's called a reactive skin decontamination lotion kit. Inside are a sponge and specialized lotion cleared by the U.S. Food and Drug Administration to remove or neutralize such chemical warfare agents as sarin and mustard gas from the skin in a single step.
Amazon HQ2? Housing experts put their money on Atlanta and Northern Virginia
Thu, 01 Mar 2018 10:08:32 +0000
A group of economists and industry experts think either Atlanta or the D.C. metro area is the most likely home of Amazon’s next headquarters.
Carrefour, ‘Europe's Walmart', Feels Amazon Pinch, Cuts Outlook and Dividend
Thu, 01 Mar 2018 10:07:00 +0000
Carrefour shares tumbled in Paris Thursday after the world's second-largest retailer followed Walmart in issuing disappointing full-year earnings and a cautious 2018 outlook as food retailers continue …
Massive Toronto Project to Lure Amazon Envisions 50,000 Workers
Thu, 01 Mar 2018 10:00:00 +0000
First Gulf Development Corp. is considering everything from an initial public offering to bond financing to get Canada’s biggest office project off the ground — 12 million square feet of space in Toronto …
A ‘fearsome seven’ of major tech firms are changing the media industry forever, WPP CEO says
Thu, 01 Mar 2018 09:45:00 +0000
Consolidation is the future of the media industry, the chief executive of the world's largest advertising agency told CNBC Thursday.
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