CBS Corp's most recent trend suggests a bearish bias. One trading opportunity on CBS Corp is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 9.89% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $67.50 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 34.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
China Forces Four U.S. TV Shows Off Web
Mon, 28 Apr 2014 01:50:44 GMT
The Wall Street Journal – Four U.S. TV shows that air on Chinese video websites have been taken down because of government regulations, China's state-run media said.
Supreme Court hearing leaves Aereo backer more confident
Sun, 27 Apr 2014 17:26:00 GMT
1 Thing Every Tech Investor Should Be Watching for As the Aereo Case Unfolds
Sun, 27 Apr 2014 12:31:56 GMT
China Orders 4 U.S. Shows Off Streaming Sites
Sun, 27 Apr 2014 08:15:41 GMT
Why the Supreme Court might pull the plug on Aereo
Fri, 25 Apr 2014 22:19:00 GMT
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