Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $105.00 short put and a strike $97.50 long put offers a potential 5.04% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $105.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $7.14 would be incurred if the stock dropped below the $97.50 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 78.04 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
Stocks Lift Higher Even as Dollar Provides Drag
Tue, 22 Oct 2019 00:25:01 +0000
State Street Global Advisors' sector ETF for stocks that sell consumer staples (think toothpaste, toilet paper, fast food, and cheap clothes) tracks a collection of consumer staples. If consumers are able to stretch their dollar further, then the retail sector may see the benefit of consumers who feel a little more flush. Companies such as Dollar General Corporation (DG) Walmart Inc. (WMT), Dollar Tree, Inc. (DLTR), Casey's General Stores, Inc. (CASY), Target Corporation (TGT), and Amazon.com, Inc. (AMZN) have all done well this year.
Target (TGT) Outpaces Stock Market Gains: What You Should Know
Mon, 21 Oct 2019 21:45:09 +0000
Target (TGT) closed the most recent trading day at $113.71, moving +0.8% from the previous trading session.
6 Spooky Stocks to Consider for Halloween
Mon, 21 Oct 2019 20:30:08 +0000
Retailers, confectioners among companies that profit the most off of the fall holiday Continue reading…
Here's what may ruin the holiday season for most retailers
Mon, 21 Oct 2019 18:39:30 +0000
A shortened holiday shopping season may raise hell for the nation's major retailers.
Will Amazon's (AMZN) Q3 Earnings Benefit From Prime & AWS?
Mon, 21 Oct 2019 15:42:03 +0000
Amazon's (AMZN) third-quarter results are anticipated to reflect strengthening Prime enabled services and expanding AWS services portfolio.
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