Noble Energy's most recent trend suggests a bullish bias. One trading opportunity on Noble Energy is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 5.26% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $60.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Noble Energy 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 Noble Energy 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 Noble Energy
NOBLE ENERGY INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Tue, 25 Feb 2014 22:11:22 GMT
Colorado Fracking Rules Could Become National Blueprint
Tue, 25 Feb 2014 17:11:00 GMT
Colorado First State to Clamp Down on Fracking Methane Pollution
Mon, 24 Feb 2014 02:20:02 GMT
More Good News for Noble Energy
Sat, 22 Feb 2014 19:11:56 GMT
Stoic Cyprus back from the dead after banking collapse
Sat, 22 Feb 2014 17:42:17 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook