Colgate's most recent trend suggests a bullish bias. One trading opportunity on Colgate is a Bull Put Spread using a strike $72.00 short put and a strike $67.00 long put offers a potential 10.86% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $67.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Colgate 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 up which suggests that the medium-term momentum for Colgate is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Colgate
New Strong Sell Stocks for February 28th
Tue, 28 Feb 2017 15:12:03 GMT
Colgate-Palmolive called out by SEC for non-standard earnings
Tue, 28 Feb 2017 14:47:32 GMT
Colgate-Palmolive (CL) Up 7.5% Since Earnings Report: Can It Continue?
Tue, 28 Feb 2017 07:59:07 GMT
Unilever Shares Test Record Highs as Some Big Shareholders Support a Breakup
Mon, 27 Feb 2017 12:23:00 GMT
COLGATE PALMOLIVE CO Files SEC form 10-K, Annual Report
Thu, 23 Feb 2017 21:13:56 GMT
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