Danaher's most recent trend suggests a bearish bias. One trading opportunity on Danaher is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 19.05% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Danaher 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 Danaher is bearish.
The RSI indicator is at 23.81 level which suggests that the stock is neither overbought nor oversold at this time.
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
Cramer: Stocks exposed to this are going lower
Mon, 13 Oct 2014 23:00:00 GMT
Cramer's genuine rally checklist
Mon, 13 Oct 2014 22:00:00 GMT
Deals of the day- Mergers and acquisitions
Mon, 13 Oct 2014 20:00:30 GMT
Danaher to combine communications unit with NetScout
Mon, 13 Oct 2014 15:23:10 GMT
Danaher to combine communications unit with NetScout
Mon, 13 Oct 2014 15:23:10 GMT
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