Allergan's most recent trend suggests a bearish bias. One trading opportunity on Allergan is a Bear Call Spread using a strike $185.00 short call and a strike $190.00 long call offers a potential 13.64% 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 $185.00 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 rose above the $190.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Allergan 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 Allergan is bearish.
The RSI indicator is at 39.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
Allergan seeks to bar Bill Ackman from voting amid takeover bid
Wed, 29 Oct 2014 01:56:00 GMT
New Allergan Campaign #THISISME Empowers Women To Age The Way They Want
Tue, 28 Oct 2014 23:00:38 GMT
noodls – Campaign features every day women aged 35-69 speaking out about their choice to have facial filler treatments Marlow, UK, 27th October 2014 – Global healthcare leader in medical aesthetic treatments, Allergan …
The Consequences of Saying No to a Hostile Takeover Bid
Tue, 28 Oct 2014 20:10:50 GMT
Ackman-Allergan Enters Courtroom Phase: Opening Line
Tue, 28 Oct 2014 19:48:55 GMT
Allergan (AGN) Earnings Report: Q3 2014 Conference Call Transcript
Tue, 28 Oct 2014 18:44:00 GMT
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