Call Options Preferred In Amazon After Positive Earnings Data
Jun, 13th 11:54
The e-commerce giant Amazon.com announced its quarterly earnings results last Thursday. The company reported $1.07 earnings per share for the quarter, beating market forecasts of $0.58 by a huge 49 cents. Its revenue for the quarter came in at $29,128 million, up 28.2% on a year-over-year basis. On the chart H1, the stock is on track to test 718.10 with RSI hovering at level 39, expected to hit the resistance at 721.20, formed on June 7.
Buy Digital Call Option from 718.10 to 721.20 valid until 20:00 June 13, 2016
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