EMC's most recent trend suggests a bearish bias. One trading opportunity on EMC is a Bear Call Spread using a strike $29.00 short call and a strike $34.00 long call offers a potential 8.93% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $29.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock rose above the $34.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for EMC 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 EMC is bearish.
The RSI indicator is at 20 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 EMC
EMC launched EMC VNX-VSS100 for video surveillance market
Tue, 16 Dec 2014 21:02:52 GMT
Sony hackers threaten theaters
Tue, 16 Dec 2014 19:08:00 GMT
EMC launched Enterprise Hybrid Cloud Solution
Tue, 16 Dec 2014 19:03:42 GMT
Amendment to a significant contract in the subsidiary “Zdrowie” sp. z o.o. in Kwidzyn
Mon, 15 Dec 2014 13:59:33 GMT
noodls – Pursuant to §5 (1) (3) of the Regulation of the Minister of Finances of 19 February 2009 on current and periodical information provided by issuers of securities, the Management Board of EMC Instytut Medyczny …
EMC Declares Quarterly Cash Dividend
Fri, 12 Dec 2014 13:49:41 GMT
noodls – Need help immediately? EMC Sales Specialists are standing by to answer your questions real time. Use Live Chat for fast, direct access to EMC Customer Service Professionals to resolve your support questions. …
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