Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $76.00 short call and a strike $81.00 long call offers a potential 7.3% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $76.00 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock rose above the $81.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Baxter 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 Baxter is bearish.
The RSI indicator is at 30.75 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Baxter
Cramer looks for bright spots in the market
Mon, 04 Aug 2014 22:58:00 GMT
Cramer: Dozens of stocks that could work higher
Mon, 04 Aug 2014 22:56:07 GMT
Momenta Posts Narrower Q2 Loss, Revenues Up Y/Y, Shares Gain
Mon, 04 Aug 2014 14:50:02 GMT
FDA Approves Baxter’s FLEXBUMIN 5%, First and Only 5% Human Albumin Solution in a Flexible Container
Mon, 04 Aug 2014 13:41:43 GMT
noodls – Unique Flexible Container Offers Enhanced Safety, Efficiency, and Sustainability Features DEERFIELD, Ill.–(BUSINESS WIRE)–Aug. 4, 2014– Baxter International, Inc. (NYSE:BAX) today announced that the …
9:03 am Baxter: FDA approves Baxter's FLEXBUMIN 5%, first and only 5% human albumin solution in a flexible container
Mon, 04 Aug 2014 13:03:00 GMT
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