Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $237.50 short put and a strike $232.50 long put offers a potential 25.94% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $237.50 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock dropped below the $232.50 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 above 80 which suggests that the stock is in overbought 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 Target
2 Strong Stocks for Long-Term Investors to Buy Now at Highs
Tue, 29 Jun 2021 20:03:08 +0000
Exploring surging Zacks Ranks #1 (Strong Buy) stocks Target (TGT) and Intuit (INTU) to see why investors might want to consider them as long-term holds even as they trade at new records…
Top Ranked Growth Stocks to Buy for June 29th
Tue, 29 Jun 2021 14:37:02 +0000
Top Ranked Growth Stocks to Buy for June 29th
2 Huge Dividend Raises You Can Still Profit From
Tue, 29 Jun 2021 13:53:35 +0000
In the late spring, with the coronavirus still very much in the headlines and meme stocks dominating investor conversations, it was easy to miss two giant quarterly dividend raises. Late last month, DIY retailer Lowe's (NYSE: LOW) cranked its payout 33% higher. Not to be outdone, Target (NYSE: TGT) hiked its own dividend payout by nearly the same percentage.
Target (TGT) Looks to Maximize Its Share of Customers' Wallet
Mon, 28 Jun 2021 13:47:01 +0000
Target's (TGT) well-chalked assortments, refurbished stores and growing digitization are likely to keep it in good stead in the days ahead.
Forget AT&T: Here Are 3 Better Dividend Stocks
Mon, 28 Jun 2021 13:45:00 +0000
A dividend cut is coming for Ma Bell. Let's see which dividend stocks are moving in the right direction.
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