Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $86.50 short put and a strike $81.50 long put offers a potential 22.85% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $86.50 by expiration. The full premium credit of $0.93 would be kept by the premium seller. The risk of $4.07 would be incurred if the stock dropped below the $81.50 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 at 73.68 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 Target
[$$] Tiffany’s $250 Million Bet on a 78-Year-Old Store
Sat, 01 Sep 2018 04:17:29 +0000
The famous Tiffany building on the corner of 5th Avenue and 57th Street, where Audrey Hepburn’s Holly Golightly mused “nothing very bad could happen to you” in 1961, may be the most enduring example of what retailing looked like before the Internet arrived.
3 Top Retail Stocks to Buy Right Now
Fri, 31 Aug 2018 13:23:00 +0000
These well-known retail names look like great buys at this particular moment in time.
Consolidated Research: 2018 Summary Expectations for General Mills, Cheniere Energy, TopBuild, Target, CVS Health, and Integer — Fundamental Analysis, Key Performance Indications
Fri, 31 Aug 2018 11:35:00 +0000
NEW YORK, Aug. 31, 2018– In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of General …
Target (TGT) Stock Moves -0.35%: What You Should Know
Thu, 30 Aug 2018 22:35:10 +0000
In the latest trading session, Target (TGT) closed at $87.31, marking a -0.35% move from the previous day.
How Target's Private-Label Push Could Backfire
Thu, 30 Aug 2018 21:00:00 +0000
We've seen this story before.
Related Posts
Also on Market Tamer…
Follow Us on Facebook