Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $73.00 short call and a strike $79.00 long call offers a potential 10.5% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $73.00 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $5.43 would be incurred if the stock rose above the $79.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baxter is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Baxter is bearish.
The RSI indicator is at 34.45 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 Baxter
BAX, COV And MDT, Pushing Health Services Industry Downward
Wed, 17 Sep 2014 17:04:00 GMT
Baxter and Halozyme Therapeutics Get FDA Approval
Mon, 15 Sep 2014 16:50:02 GMT
FDA Approves Baxter’s RIXUBIS [Coagulation Factor IX (Recombinant)] for Treatment of Children with Hemophilia B
Mon, 15 Sep 2014 13:00:00 GMT
Business Wire – Baxter International Inc. today announced that the United States Food and Drug Administration has approved RIXUBIS [Coagulation Factor IX ] for routine prophylactic treatment, control and prevention of bleeding episodes, and perioperative management in children with hemophilia B.
FDA Approves Baxter’s HYQVIA for Treatment of Adults with Primary Immunodeficiency
Fri, 12 Sep 2014 23:02:00 GMT
Business Wire – Baxter International Inc. and Halozyme Therapeutics, Inc., today announced that the United States Food and Drug Administration approved Baxter’s subc
Momenta Gains on Purchase of Autoimmune Antibodies
Thu, 11 Sep 2014 20:45:07 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook