Gannett's most recent trend suggests a bearish bias. One trading opportunity on Gannett is a Bear Call Spread using a strike $30.00 short call and a strike $35.00 long call offers a potential 5.26% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $30.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $35.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Gannett 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 Gannett is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold 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 Gannett
OpenWager Partners with USA TODAY to Unveil USA TODAY Bingo Cruise
Thu, 02 Oct 2014 10:00:00 GMT
PR Newswire – SAN FRANCISCO, Oct. 2, 2014 /PRNewswire/ — OpenWager, Inc., a premier B2B partner in delivering custom branded social casino entertainment, and USA TODAY announced today the launch of USA TODAY Bingo Cruise, the media company's first major step into the casual games market. The game is free to download and Bingo enthusiasts will be thrilled with the game's cruise ship theme and immersive 3D gameplay experience. “We are thrilled to partner with USA TODAY in bringing USA TODAY Bingo Cruise to one of the largest and most influential media organizations in the US,” said John Cahill, CEO of OpenWager. “Our company is committed to helping USA TODAY delight its readers with this exciting new game while opening a new and valuable line of mobile-based digital revenue.”
Rieder: The embattled newspaper business
Wed, 01 Oct 2014 20:22:44 GMT
Gannett buys the rest of Cars.com for $1.8 billion
Wed, 01 Oct 2014 15:44:35 GMT
Gannett buys the rest of Cars.com for $1.8 billion
Wed, 01 Oct 2014 15:44:35 GMT
GANNETT CO INC /DE/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure,
Wed, 01 Oct 2014 15:20:13 GMT
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