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 11.11% 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 $0.50 would be kept by the premium seller. The risk of $4.50 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 61.01 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
JPMorgan: We Were Wrong on 3M
Fri, 20 Dec 2013 15:07:00 GMT
Barrons.com – JPMorgan had rated 3M (MMM) Underweight. Big mistake–and one which its analysts chose to rectify today. Shares of 3M have gained 48% this year, outpacing General Electric's (GE) 29% rise, Danaher's (DHR) …
Danaher Reaches 52-Week High
Thu, 19 Dec 2013 14:20:04 GMT
At 61 She Lives in Basement While 87-Year-Old Dad Travels
Wed, 18 Dec 2013 05:00:01 GMT
Bloomberg – Eighty-seven-year-old Lew Manchester has just returned from a three-week trip touring Buddhist temples in Laos and cruising the Mekong Delta in Vietnam. His 61-year-old daughter Lee lives year-round in …
Danaher Stays at Neutral
Mon, 16 Dec 2013 16:50:04 GMT
[$$] Danaher Offers Weaker-Than-Expected Outlook
Thu, 12 Dec 2013 13:28:05 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook