Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 11.11% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Target 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 Target is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Target
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Sun, 21 Sep 2014 10:33:00 GMT
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Fri, 19 Sep 2014 17:38:30 GMT
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Fri, 19 Sep 2014 16:48:56 GMT
Home Depot Reports Bigger Breach Than Target; Criminals Used Custom Malware
Fri, 19 Sep 2014 15:54:00 GMT
Entrepreneur – Home Depot's cyberattack put 56 million credit cards at risk, significantly more than Target's breach.
Home Depot Data Breach: Banks' Response Is Critical To Consumer Reaction
Fri, 19 Sep 2014 14:30:00 GMT
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