CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 16.28% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CBS Corp 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 CBS Corp is bearish.
The RSI indicator is at 25.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
Jessica Alba's ‘Honest' vision
Mon, 29 Sep 2014 17:39:00 GMT
Nathan Lane picture book out next fall
Mon, 29 Sep 2014 15:57:52 GMT
Nathan Lane picture book out next fall
Mon, 29 Sep 2014 15:57:52 GMT
WPP CEO: Facebook masquerades as tech company
Mon, 29 Sep 2014 14:38:00 GMT
CNBC – Sir Martin Sorrell, WPP CEO, discusses competition among Facebook and the social network sites, and the Atlas advertising platform. Sorrell says Google and Facebook like to say they are technology companies …
WPP CEO: Facebook masquerades as tech company
Mon, 29 Sep 2014 14:38:00 GMT
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