Norfolk Southern's most recent trend suggests a bearish bias. One trading opportunity on Norfolk Southern is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 7.53% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock rose above the $100.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Norfolk Southern 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 Norfolk Southern is bearish.
The RSI indicator is at 51.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Norfolk Southern
NORFOLK SOUTHERN CORP Financials
Wed, 19 Feb 2014 18:04:13 GMT
NORFOLK SOUTHERN CORP Files SEC form 10-K, Annual Report
Fri, 14 Feb 2014 15:37:01 GMT
Norfolk Southern Will Continue To Be A Winner
Fri, 14 Feb 2014 07:00:14 GMT
Train Carrying Crude Oil Derails in Pennsylvania
Thu, 13 Feb 2014 21:28:50 GMT
U.S. derailed train spills up to 4,000 gallons of crude -operator
Thu, 13 Feb 2014 19:17:36 GMT
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