Coach's most recent trend suggests a bearish bias. One trading opportunity on Coach is a Bear Call Spread using a strike $50.00 short call and a strike $55.00 long call offers a potential 20.48% 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 $50.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock rose above the $55.00 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 29.21 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Coach
Nationals to hire Matt Williams as manager
Sat, 26 Oct 2013 00:23:53 GMT
USA TODAY – Williams, who spent three years on D'backs staff, played 17 seasons.
The day that rocked Butler: Story behind Brad Stevens' departure for Celtics
Fri, 25 Oct 2013 22:34:48 GMT
USA TODAY – Exclusive look at July 3 from the Indy Star.
NYSE stocks posting largest percentage decreases
Fri, 25 Oct 2013 22:04:21 GMT
Should You Ride Coach or Upgrade to Michael Kors?
Fri, 25 Oct 2013 22:02:33 GMT
Motley Fool – Coach has potential for one very important reason, but one of its peers is beyond potential and it is growing at a rapid rate.
Stock Pops & Drops
Fri, 25 Oct 2013 21:09:00 GMT
CNBC – The Fast Money traders take a look at today's biggest market movers.
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