Cameron's most recent trend suggests a bullish bias. One trading opportunity on Cameron is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 7.53% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $65.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Cameron 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 Cameron is bullish.
The RSI indicator is at 57.75 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 Cameron
Why Cameron (CAM) Stock Might be a Great Pick
Mon, 04 Aug 2014 10:43:59 GMT
CAMERON INTERNATIONAL CORP Financials
Thu, 31 Jul 2014 17:04:10 GMT
Fracking Additive is Bright Spot for Specialty Chemicals Stock: A Wall Street Transcript Interview with Daniel Rizzo, an Analyst with Sidoti & Company, LLC
Tue, 29 Jul 2014 14:55:00 GMT
Cameron Showing Some Much-Anticipated Margin Progress
Fri, 25 Jul 2014 18:19:50 GMT
3 Energy Stocks Pushing The Industry Higher
Thu, 24 Jul 2014 17:03:00 GMT
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