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 49.25% return on risk over the next 24 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 $1.65 would be kept by the premium seller. The risk of $3.35 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 at 78.58 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
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Fri, 22 Apr 2022 19:28:07 +0000
Signet (SIG) continues to benefit from its solid digital efforts. SIG's Inspiring Brilliance strategy appears promising as well.
Top 5 Stocks With High ROE as Fed Targets Another Rate Hike
Fri, 22 Apr 2022 12:55:12 +0000
Louisiana-Pacific (LPX), Interpublic (IPG), Steel Dynamics (STLD), Expeditors International (EXPD) and Target (TGT) are some of the stocks with high ROE to profit.
The Zacks Analyst Blog Highlights Johnson & Johnson, Roche Holding, Raytheon Technologies, Intuit and Target
Fri, 22 Apr 2022 11:46:11 +0000
Johnson & Johnson, Roche Holding, Raytheon Technologies, Intuit and Target have been included in this Analyst Blog.
Top Research Reports for Johnson & Johnson, Roche & Raytheon
Thu, 21 Apr 2022 17:05:05 +0000
Today's Research Daily features new research reports on 16 major stocks, including Johnson & Johnson (JNJ), Roche Holding AG (RHHBY), and Raytheon Technologies Corporation (RTX).
The Fluffy Puppy Indicator is flashing red for the U.S. economy
Thu, 21 Apr 2022 16:29:27 +0000
As higher prices for gas and food has consumers sharpening their budgets for the months ahead, it looks like their cuddly pets aren't immune to the cutbacks.
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