PG&E's most recent trend suggests a bullish bias. One trading opportunity on PG&E is a Bull Put Spread using a strike $45.00 short put and a strike $40.00 long put offers a potential 5.26% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $45.00 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 $40.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for PG&E 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 PG&E is bullish.
The RSI indicator is at 58.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for PG&E
Pacific Gas Gets Subpoena From U.S. Over March Blast
Wed, 20 Aug 2014 22:37:52 GMT
PG&E pleads not guilty to charges in deadly blast
Mon, 18 Aug 2014 22:00:21 GMT
PG&E pleads not guilty to charges in deadly blast
Mon, 18 Aug 2014 22:00:21 GMT
PG&E Pleads Not Guilty to Hindering Pipeline Blast Probe
Mon, 18 Aug 2014 19:06:01 GMT
Gerry McGowan, the Executive Chairman and Managing Director of CBD Energy Limited (CBDE), Interviews with The Wall Street Transcript
Mon, 18 Aug 2014 18:50:00 GMT
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