Allergan's most recent trend suggests a bullish bias. One trading opportunity on Allergan is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 9.29% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $9.15 would be incurred if the stock dropped below the $115.00 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 59.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Allergan
Russia actions could disrupt specialty pharmaceutical sales, says Susquehanna
Wed, 05 Mar 2014 13:37:01 GMT
Can Allergan's Growth Continue?
Tue, 04 Mar 2014 23:31:58 GMT
ALLERGAN INC Financials
Tue, 04 Mar 2014 18:04:10 GMT
Merrill Lynch’s Top Health Care Stocks to Buy Now
Tue, 04 Mar 2014 13:50:58 GMT
Asanko Gold Appoints Colin Steyn As Chairman
Mon, 03 Mar 2014 12:37:18 GMT
noodls – March 03, 2014 Vancouver, British Columbia, March 3, 2014 – Asanko Gold (“Asanko”) (TSX, NYSE MKT: AKG) is pleased to announce the appointment of Colin Steyn as Chairman of the Board of Directors …
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