Gap's most recent trend suggests a bullish bias. One trading opportunity on Gap is a Bull Put Spread using a strike $26.50 short put and a strike $21.50 long put offers a potential 12.36% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $26.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $21.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gap 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 Gap is bullish.
The RSI indicator is at 54.07 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 Gap
7 Stocks to Buy Before the Holidays
Thu, 01 Nov 2018 19:04:26 +0000
It’s that time of the year when investors start thinking about which stocks to buy to benefit from the usual holiday shopping bonanza. As with every holiday season, there will be a lot of eating and a lot of shopping, both online and off. Estimates suggest that this year’s holiday sales will increase by as much as 4% over last year.
12 Bargain Stocks That Are Ready to Rise
Wed, 31 Oct 2018 12:00:00 +0000
Analysts at Jefferies have identified these stocks that offer attractive valuations and the potential for short-term gains.
Victoria’s Secret and Gap among the retail brands that have reached peak revenue
Tue, 30 Oct 2018 11:29:00 +0000
Instinet analysts say there are revenue caps for brands and wholesalers, and name some of the brands that have reached their peak.
[$$] Lack of women ‘Stem’ students has led to gender ‘digital divide’
Tue, 30 Oct 2018 01:16:53 +0000
The report — “Bridging the Digital Gender Divide” — offers the first comprehensive analysis of gender differences in patents filed in the “IP5” intellectual property offices in the US, Europe, Japan, South Korea and China. It found that between 2010 and 2015, fewer than nine in 100 patents in the G20 countries were granted to inventions by women.
Goldman Sachs Out Bullish On L Brands, Takes Neutral Stance On Gap
Fri, 26 Oct 2018 18:44:25 +0000
Goldman Sachs initiated coverage of two retail brands this week. The Analyst Goldman Sachs analyst Alexandra Walvis initiated coverage of L Brands Inc (NYSE: LB ) with a Buy rating and $36 price target. …
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