Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $50.00 short call and a strike $60.00 long call offers a potential 18.2% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $50.00 by expiration. The full premium credit of $1.54 would be kept by the premium seller. The risk of $8.46 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tesoro 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 Tesoro is bearish.
The RSI indicator is at 42.54 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 Tesoro
China rejects more U.S. corn due to GMO as state sales approach
Tue, 25 Mar 2014 04:21:49 GMT
Reuters – * China has rejected total of 908,800 T of US corn in 5 mths * China committee to meet soon to decide whether to approve MIR 162 * China could sell from huge state corn reserves in May (Adds comment, detail) BEIJING, March 25 (Reuters) – China has turned away more U.S. corn after detecting an unapproved genetically-modified strain in shipments, with buyers waiting for sales from the country's huge state reserves or shifting to cheap grain from Ukraine.
Banco del Tesoro is extending ATM services to support its growth strategy
Wed, 19 Mar 2014 11:25:09 GMT
noodls – 19.03.14 Hardware and software from Wincor Nixdorf Banco del Tesoro is extending its range of customer-friendly automated teller machine services. Venezuela's third biggest public bank will be installing …
TESORO CORP /NEW/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obli
Tue, 18 Mar 2014 20:44:00 GMT
Two Tesoro contractors suffer burns, San Francisco Chronicle says
Tue, 11 Mar 2014 18:21:07 GMT
TESORO CORP /NEW/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements
Thu, 06 Mar 2014 22:25:24 GMT
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