Allergan's most recent trend suggests a bullish bias. One trading opportunity on Allergan is a Bull Put Spread using a strike $210.00 short put and a strike $200.00 long put offers a potential 12.36% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $8.90 would be incurred if the stock dropped below the $200.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Allergan 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 Allergan is bullish.
The RSI indicator is at 63.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
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Tue, 13 Jan 2015 22:42:00 GMT
Valeant CEO: Allegations about our business not true
Tue, 13 Jan 2015 17:46:00 GMT
Actavis and Allergan Announce Early Termination of Hart-Scott-Rodino Waiting Period for Actavis' Pending Acquisition of Allergan and Record Dates for Shareholder Meetings
Tue, 13 Jan 2015 02:19:28 GMT
noodls – DUBLIN and IRVINE, Calif., Jan. 12, 2015 /PRNewswire/ — Actavis plc (NYSE: ACT) and Allergan, Inc. (NYSE: AGN) today announced that the U.S. Federal Trade Commission (FTC) has granted early termination …
And Oil continues to fall…
Mon, 12 Jan 2015 22:29:37 GMT
ALLERGAN INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Mon, 12 Jan 2015 21:18:38 GMT
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