Discovery's most recent trend suggests a bearish bias. One trading opportunity on Discovery is a Bear Call Spread using a strike $35.00 short call and a strike $45.00 long call offers a potential 9.89% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $35.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $9.10 would be incurred if the stock rose above the $45.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Discovery 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 Discovery is bearish.
The RSI indicator is at 32.05 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 Discovery
Discovery Education and 3M Announce Winner of 2014 Young Scientist Challenge
Wed, 15 Oct 2014 21:20:11 GMT
noodls – Congratulons to Sahil Doshi! The 14-year-old from Pittsburgh, Pennsylvania was just named the winner of this year's Discovery Education 3M Young Scientist Challenge, the nation's premier science competition …
Discovery Education And 3M Announce 2014 Science Competition Winner
Wed, 15 Oct 2014 13:00:00 GMT
PR Newswire – ST. PAUL, Minn., Oct. 15, 2014 /PRNewswire/ — Discovery Education and 3M have named 14-year-old Sahil Doshi from Pittsburgh, Penn. the winner of the 2014 Discovery Education 3M Young Scientist Challenge for his innovative, eco-friendly battery design. Doshi, a ninth grader from Upper St. Clair School District's Upper St. Clair High School, competed alongside nine other finalists yesterday during a live competition at the 3M Innovation Center in St. Paul, Minn., and was awarded the title of “America's Top Young Scientist,” $25,000 and a student adventure trip to a destination such as Costa Rica. To download hi-res images and b-roll footage of the science competition, go to www.youngscientistchallengemedia.com. Over the past three months, Doshi and the other finalists had the exclusive opportunity to work directly with a 3M Scientist as they created their personal innovations as part of a summer mentorship program.
Russia Threatens Foreign Media Ownership With New Rules
Wed, 15 Oct 2014 10:08:15 GMT
Content Creates Discover’s Organic Growth: Perrette
Tue, 14 Oct 2014 09:05:05 GMT
21st Century Fox and Apollo Ink a Mega Joint Venture Deal
Mon, 13 Oct 2014 21:10:01 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook