Gannett's most recent trend suggests a bullish bias. One trading opportunity on Gannett is a Bull Put Spread using a strike $29.00 short put and a strike $24.00 long put offers a potential 11.11% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $29.00 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 $24.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Gannett 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 Gannett is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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 Gannett
Gannett Evolving To Higher Margin Enterprise With Belo Acquisition
Sat, 28 Dec 2013 21:13:00 GMT
Forbes – Under the leadership of Gracia Martore, Gannett continues to evolve from a newspaper publisher to a major U.S. Broadcaster with significant digital activities including Career Builder. Its recent acquisition of Belo is a game changer.
Boston, Philadelphia laws firms in merger talks -sources
Fri, 27 Dec 2013 20:19:39 GMT
US close: Dow, S&P 500 hit new records as jobless claims drop
Fri, 27 Dec 2013 08:31:00 GMT
Yahoo Looks More Like Gannett Than Google After The Alibaba Stake Is Accounted For
Thu, 26 Dec 2013 14:16:00 GMT
Forbes – You might think this is slightly harsh but an analysis of Yahoo by the Wall Street Journal suggests that underneath the hood, after we've accounted for the Alibaba stake, the company is more like Gannett than Google. And there is a good deal of truth to the point they're making […]
Bigger Is Not Better for Newspapers. Here's Why and How You Can Profit
Wed, 25 Dec 2013 16:02:09 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook