Amazon's most recent trend suggests a bearish bias. One trading opportunity on Amazon is a Bear Call Spread using a strike $300.00 short call and a strike $310.00 long call offers a potential 51.52% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $300.00 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 rose above the $310.00 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 41.55 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
5 Decent Looking Stocks And 5 That Look Like Black Death
Tue, 13 Jan 2015 07:57:20 GMT
Amazon creates 6,000 new permanent jobs in Europe
Tue, 13 Jan 2015 07:02:15 GMT
Amazon creates 6,000 new permanent jobs in Europe
Tue, 13 Jan 2015 07:02:15 GMT
Reuters – Amazon.com Inc created 6,000 new full-time positions in Europe in 2014 to respond to booming demand, the U.S. online retailer said on Tuesday. Amazon said in a statement it now employed 32,000 permanent …
Amazon creates 6,000 new permanent jobs in Europe
Tue, 13 Jan 2015 07:02:12 GMT
Amazon creates 6,000 new permanent jobs in Europe
Tue, 13 Jan 2015 07:01:52 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook