Danaher's most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 12.36% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $72.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Danaher 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 Danaher 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 Danaher
Luis Manuel Ramirez, the President and CEO of Global Power Equipment Group Inc. (GLPW), Interviews with The Wall Street Transcript
Tue, 27 May 2014 16:09:00 GMT
Cramer's next potential break-up play… say what?
Fri, 23 May 2014 22:27:07 GMT
Potential break up play: Danaher (DHR)
Fri, 23 May 2014 22:25:00 GMT
Danaher, Tyco draw bullish plays
Fri, 23 May 2014 11:16:57 GMT
Stocks with implied volatility movement; DHR BWP
Fri, 23 May 2014 10:07:06 GMT
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