Edison's most recent trend suggests a bullish bias. One trading opportunity on Edison is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 5.26% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 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 $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Edison 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 Edison is bullish.
The RSI indicator is at 75.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Edison
Will This Downgrade Hurt Edison International (EIX) Today?
Wed, 02 Apr 2014 13:05:00 GMT
Edison downgraded by Argus
Wed, 02 Apr 2014 12:19:00 GMT
Can Edison International (EIX) Keep the Earnings Streak Alive This Quarter?
Wed, 02 Apr 2014 11:02:56 GMT
Balanced View on Edison International
Tue, 01 Apr 2014 21:55:18 GMT
Why Even the Supreme Court Can't Fix Your 401(k)
Tue, 01 Apr 2014 14:51:59 GMT
Motley Fool – The highest court in the nation is considering taking a case on fees in your retirement plan, but regardless of the decision, you'll still have to be wary of your employer.
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