Baxter's most recent trend suggests a bearish bias. One trading opportunity on Baxter is a Bear Call Spread using a strike $70.00 short call and a strike $75.00 long call offers a potential 8.93% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $70.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock rose above the $75.00 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 28.15 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 Baxter
Baxter International (BAX) Earnings Report: Q3 2014 Conference Call Transcript
Thu, 16 Oct 2014 20:18:00 GMT
Baxter Q3 Beats As Hemophilia Drugs Fend Off Rivals
Thu, 16 Oct 2014 19:07:00 GMT
Baxter International Inc Earnings Call scheduled for 8:30 am ET today
Thu, 16 Oct 2014 12:30:00 GMT
Baxter’s Third Quarter Financial Results Exceed Guidance
Thu, 16 Oct 2014 12:00:23 GMT
noodls – This is an abstract of the original noodl. To continue reading this document, click here for the original version.
[$$] Baxter Medical Products Sales Rise 17%
Thu, 16 Oct 2014 11:48:39 GMT
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