Coach's most recent trend suggests a bearish bias. One trading opportunity on Coach is a Bear Call Spread using a strike $34.50 short call and a strike $39.50 long call offers a potential 6.38% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $34.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock rose above the $39.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Coach 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 Coach is bearish.
The RSI indicator is at 45.14 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 Coach
[$$] Michael Kors Should Study Coach's Errors
Mon, 14 Jul 2014 04:32:25 GMT
The Wall Street Journal – Michael Kors has been taking market share from Coach. It may want to study Coach's mistakes.
Greyhound remakes itself for a new generation
Sun, 13 Jul 2014 12:00:01 GMT
Is Now the Time to Buy Coach?
Sat, 12 Jul 2014 16:02:21 GMT
Europe Stumbles Once Again
Sat, 12 Jul 2014 11:00:00 GMT
Michael Kors Is Going to War With Coach for Men's Luxury
Fri, 11 Jul 2014 22:10:20 GMT
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