Edwards Life's most recent trend suggests a bearish bias. One trading opportunity on Edwards Life is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 8.7% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 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 rose above the $95.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Edwards Life 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 Edwards Life is bearish.
The RSI indicator is at 24.49 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 Edwards Life
Top 1st-Quarter Trades of Frank Sands' Firm
Fri, 14 May 2021 21:37:19 +0000
Sands Capital Management ups stakes in tech picks, trims Adobe
Is Edwards Lifesciences (NYSE:EW) Using Too Much Debt?
Wed, 12 May 2021 06:16:42 +0000
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says…
Top Research Reports for JPMorgan, Home Depot & Merck
Fri, 07 May 2021 18:54:06 +0000
Top Research Reports for JPMorgan, Home Depot & Merck
Edwards Announces Updates From Annual Meeting
Wed, 05 May 2021 13:15:00 +0000
Edwards Lifesciences Corporation (NYSE: EW) today announced updates from its annual meeting, in which Edwards' stockholders voted with the board's recommendations on all proxy proposals:
Edwards Lifesciences (EW) Surges 6.3%: Is This an Indication of Further Gains?
Thu, 22 Apr 2021 06:00:06 +0000
Edwards Lifesciences (EW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Related Posts
Also on Market Tamer…
Follow Us on Facebook