Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 12.11% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $4.46 would be incurred if the stock rose above the $65.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Target
Target to drop health policies for part-timers
Thu, 23 Jan 2014 01:03:00 GMT
Is Target right to send its part-timers to Obamacare? Probably.
Wed, 22 Jan 2014 23:34:00 GMT
[$$] Version of Target Malware Linked to Russian
Wed, 22 Jan 2014 23:32:37 GMT
The Wall Street Journal – Security experts believe the malicious software that infected Target was in part the work of a 23-year-old in southern Russia. The man said he helped write the software but had nothing to do with how it …
Potential Ways to Profit From the Target Data Breach
Wed, 22 Jan 2014 23:22:20 GMT
Motley Fool – Every problem creates an opportunity. Instead of looking at all the negatives about Target’s data breach, figure out how you might be able to profit from this unfortunate event.
Target's move to shift employees to health exchanges is ‘win-win,' actuary says
Wed, 22 Jan 2014 22:45:00 GMT
MarketWatch – Consider the shifting of Target employees from company medical plans to public health exchanges a “win-win,” says one insurance actuary.
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