Colgate's most recent trend suggests a bearish bias. One trading opportunity on Colgate is a Bear Call Spread using a strike $67.00 short call and a strike $72.00 long call offers a potential 9.89% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.00 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 $72.00 long call 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 down which suggests that the medium-term momentum for Colgate is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Colgate
[$$] Colgate-Palmolive Posts Higher Profit
Thu, 31 Jul 2014 11:29:18 GMT
Colgate-Palmolive meets profit, sales estimates
Thu, 31 Jul 2014 11:09:03 GMT
Q2 2014 Colgate-Palmolive Earnings Release – Before Market Open
Thu, 31 Jul 2014 11:07:07 GMT
Colgate Announces 2nd Quarter 2014 Results
Thu, 31 Jul 2014 11:00:00 GMT
Business Wire – Colgate-Palmolive Company today reported worldwide Net sales of $4,352 million in second quarter 2014, even with second quarter 2013. Global unit volume grew 2.5%, pricing increased 1.5% and foreign exchange was negative 4.0%.
Will Colgate-Palmolive Beat Earnings Estimates This Season?
Wed, 30 Jul 2014 19:55:09 GMT
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