Amazon's most recent trend suggests a bullish bias. One trading opportunity on Amazon is a Bull Put Spread using a strike $400.00 short put and a strike $390.00 long put offers a potential 50.38% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $400.00 by expiration. The full premium credit of $3.35 would be kept by the premium seller. The risk of $6.65 would be incurred if the stock dropped below the $390.00 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 63.86 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
The Best CEO of 2013: Elon Musk or Mark Zuckerberg?
Wed, 22 Jan 2014 00:06:45 GMT
Motley Fool – Who was the best CEO of 2013? Jeff Bezos of Amazon? Robert Benmosche of AIG? Or Steve Ells of Chipotle? Our Foolish analysts give their nominations.
Will Netflix Offer Pay-Per-View Rentals in 2014?
Tue, 21 Jan 2014 23:17:38 GMT
Motley Fool – Netflix could be in for a big pop if it offers pay-per-view.
Amazon's E-Commerce Technology Head to Depart
Tue, 21 Jan 2014 23:16:50 GMT
The Wall Street Journal – Amazon.com's head of e-commerce, no small job at the online retail giant, is stepping down from the company after more than seven years.
10 Most Loved Brands in 2013
Tue, 21 Jan 2014 23:01:56 GMT
Motley Fool – If consumers fall in love with a brand on a massive scale — in this case based on a survey of 1.2 million people — then future growth for that brand is highly likely. This is imperative information for …
Amazon developing pay-TV streaming service – report
Tue, 21 Jan 2014 22:45:57 GMT
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