Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 10.13% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.46 would be kept by the premium seller. The risk of $4.54 would be incurred if the stock rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Target is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Target is bearish.
The RSI indicator is at 36.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Target
U.S. warns merchants on methods used by Target hackers
Fri, 17 Jan 2014 01:33:32 GMT
U.S. warns merchants on methods used by Target hackers
Fri, 17 Jan 2014 01:33:32 GMT
Reuters – The U.S. government on Thursday provided merchants with information gleaned from its confidential investigation into the massive data breach at Target Corp, in a move aimed at identifying and thwarting …
Target breach appears to be part of broader scam
Fri, 17 Jan 2014 01:16:33 GMT
Target breach appears to be part of broader scam
Fri, 17 Jan 2014 01:15:49 GMT
AP – The security breach that hit Target Corp. during the holiday season appears to have been part of a broader and highly sophisticated scam that potentially affected a large number of retailers, according …
American Express says exposure to Target breach ‘minimal'
Fri, 17 Jan 2014 00:26:08 GMT
Reuters – Credit card company American Express Co , which reported strong quarterly results on Thursday, said it had seen ‘minimal exposure' to the data breach at Target Corp stores during the U.S. holiday shopping …
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