Forest Labs's most recent trend suggests a bullish bias. One trading opportunity on Forest Labs is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 5.26% 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 $95.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Forest Labs 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 Forest Labs is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Forest Labs
Follow The Money: Defensive Stocks On The Move
Tue, 25 Feb 2014 21:34:38 GMT
Forest Laboratories, Inc. Launches STRIDE Patient Support Program for COPD Franchise Products Tudorza® Pressair® and Daliresp®
Mon, 24 Feb 2014 13:47:53 GMT
noodls – NEW YORK–(BUSINESS WIRE)–Forest Laboratories, Inc. (NYSE:FRX) today announced the launch of the STRIDE (Start Treatment, Real-time Information, Disease Education) patient support program to help those …
Forest Laboratories, Inc. Launches STRIDE Patient Support Program for COPD Franchise Products Tudorza® Pressair® and Daliresp®
Mon, 24 Feb 2014 13:00:00 GMT
Business Wire – Forest Laboratories, Inc. today announced the launch of the STRIDE patient support program to help those prescribed Tudorza® Pressair® or Daliresp® by answering questions they may have about their chronic obstructive pulmonary disease treatment.
Forest Labs downgraded to Neutral from Outperform at Credit Suisse
Mon, 24 Feb 2014 11:09:04 GMT
U.S. stock market is starting to ride a tech M&A wave
Mon, 24 Feb 2014 10:31:02 GMT
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