Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $332.50 short put and a strike $327.50 long put offers a potential 56.25% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $332.50 by expiration. The full premium credit of $1.80 would be kept by the premium seller. The risk of $3.20 would be incurred if the stock dropped below the $327.50 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 79.34 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
Amazon will now deliver to your local Post Office
Tue, 25 Nov 2014 08:59:00 GMT
Amazon Signs Post Office Delivery Deal
Tue, 25 Nov 2014 07:26:08 GMT
Amazon Offers Help Finding Local Handymen
Tue, 25 Nov 2014 06:14:56 GMT
The Wall Street Journal – Amazon.com has introduced a service in three cities aimed at connecting customers to local service providers like plumbers and electricians. Shoppers would see contractors’ offers after buying items.
Amazon Wants To Help You Find A Plumber
Tue, 25 Nov 2014 02:04:00 GMT
Amazon Gets Into Installation
Tue, 25 Nov 2014 00:56:30 GMT
The Wall Street Journal – (bensinger at 347-821-2710)
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