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dzonefx
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Amazon.com, Inc. (AMZN)

on Tue Jan 24, 2017 8:18 pm
Below is a daily chart of Amazon.com, Inc. (AMZN), $817.50.



Trade:  Over $822.90, we recommend buying 5 Feb $775/850 bull put spread (24 DTE) at mid-point or better (currently mid-point is $40.80/share).
Strategy:  Continuation of breakout from bullish consolidation on daily and weekly charts into 2/2 earnings (but close prior to earnings).
Max Gain:   Spread width less debit.
Max Loss:  Debit.
Stop Loss:  $802.98

source: mastertrader
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