L Brands's most recent trend suggests a bullish bias. One trading opportunity on L Brands is a Bull Put Spread using a strike $56.50 short put and a strike $51.50 long put offers a potential 13.64% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $56.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $51.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for L Brands 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 L Brands is bullish.
The RSI indicator is at 61.87 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for L Brands
Feb. Retail Comps Stay Chilled But Stage Late Rally
Thu, 06 Mar 2014 18:06:00 GMT
LB, CCL And COST, Pushing Services Sector Downward
Thu, 06 Mar 2014 17:02:00 GMT
U.S. retailers say business picked up later in February
Thu, 06 Mar 2014 16:07:59 GMT
Reuters – Sales for many U.S. retailers rose in February, as shoppers ventured out later in the month after a dismal start when ice, cold and snow kept many of them at home. Costco Wholesale Corp on Thursday said U.S. sales at stores open at least a year rose 3 percent, while L Brands Inc reported a better-than-expected 2 percent rise, lifted by gains at its Victoria's Secret lingerie chain. But sales trends improved as the weather got better and many U.S. consumers got tax refunds, said John Cato, chief executive of discount clothing chain Cato Corp. Last week, the chief executives of department store chain Macy's Inc and jeweler Zale Corp also reported much brisker business after Valentine's Day.
Banks exit ‘bargain' basement, set tone for rally
Thu, 06 Mar 2014 14:46:36 GMT
Market Hustle: Futures Gain as Jobless Claims Decline
Thu, 06 Mar 2014 13:49:00 GMT
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