Danaher's most recent trend suggests a bullish bias. One trading opportunity on Danaher is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 6.38% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $70.00 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 at 72.69 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
B&G Foods to Present at September Investor Conferences
Fri, 22 Aug 2014 16:16:29 GMT
noodls – … This is an abstract of the original noodl. To continue reading this document, click here for the original version.
Danaher (DHR) Highlighted As Storm The Castle Stock
Fri, 15 Aug 2014 14:22:00 GMT
Will This Price Target Cut Hurt Danaher (DHR) Stock Today?
Tue, 29 Jul 2014 13:22:00 GMT
DANAHER CORP /DE/ Financials
Wed, 23 Jul 2014 17:04:12 GMT
Danaher Corp. Sells Off, but Is It a Good Value?
Wed, 23 Jul 2014 17:02:05 GMT
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