Colgate's most recent trend suggests a bullish bias. One trading opportunity on Colgate is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 9.41% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.43 would be kept by the premium seller. The risk of $4.57 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Colgate is bullish and the probability of a rise 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 at 63.22 level which suggests that the stock is neither overbought nor oversold at this time.
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Wed, 16 Oct 2013 22:48:00 GMT
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Sun, 13 Oct 2013 04:32:22 GMT
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Caisse’s Sabia More Interested in Colgate Than BlackBerry
Fri, 11 Oct 2013 16:55:50 GMT
Bloomberg – Caisse de Depot et Placement du Quebec, Canada’s second-largest pension fund, says it’s unlikely to invest in BlackBerry Ltd. because it prefers more predictable businesses such as Coca-Cola Co. and Colgate-Palmolive …
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Thu, 10 Oct 2013 17:04:23 GMT
Motley Fool – The emerging market slowdown is only temporary.
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