Target's most recent trend suggests a bullish bias. One trading opportunity on Target 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 19 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 Target 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 Target is bullish.
The RSI indicator is at 30.91 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 Target
Target Gives a Defense of Its Efforts on Security
Mon, 02 Jun 2014 22:23:32 GMT
Target's Board Has a Target on its Back
Mon, 02 Jun 2014 21:08:47 GMT
Target's Go-Forward Plans Leave Investors Befuddled
Mon, 02 Jun 2014 20:02:55 GMT
Dougherty confirms Target's Archer Farms licensed K-Cups available
Mon, 02 Jun 2014 14:31:43 GMT
The Secret is OUT, Vibrator and Sex Toy Sales are Humming
Mon, 02 Jun 2014 12:56:30 GMT
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