Dominion Resource's most recent trend suggests a bullish bias. One trading opportunity on Dominion Resource is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 8.7% 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 $62.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dominion Resource 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 Dominion Resource is bullish.
The RSI indicator is at 64.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dominion Resource
Dominion Snags Third Solar Project This Year
Wed, 23 Oct 2013 01:08:19 GMT
Motley Fool – A 5 MW Connecticut solar farm adds to the utility’s growing renewables portfolio.
Final Glance: Utilities companies
Tue, 22 Oct 2013 22:03:54 GMT
Final Glance: Utilities companies
Tue, 22 Oct 2013 22:03:54 GMT
AP – Shares of some top utilities companies were up at the close of trading: American Electric Power Co. rose $.60 or 1.3 percent, to $45.24. Consolidated Edison Inc. Holding Co. rose $1.21 or 2.1 percent, …
Dominion Buys 5-Megawatt Connecticut Solar Facility From Kyocera
Tue, 22 Oct 2013 20:19:12 GMT
Bloomberg – Dominion Resources Inc., the third- largest U.S. utility owner, bought a 5-megawatt solar farm in Somers, Connecticut, from Kyocera Corp for an undisclosed sum.
Dominion acquires solar project in Connecticut from Kyocera
Tue, 22 Oct 2013 19:37:23 GMT
theflyonthewall.com – Dominion acquires solar project in Connecticut from Kyocera
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