Spectra Energy's most recent trend suggests a bearish bias. One trading opportunity on Spectra Energy is a Bear Call Spread using a strike $30.00 short call and a strike $35.00 long call offers a potential 20.48% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $30.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock rose above the $35.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Spectra 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 Spectra Energy is bullish.
The RSI indicator is at 61.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Spectra Energy
FOCUS-After “Honour of Kings” failure abroad, Tencent retools overseas strategy
Tue, 28 May 2019 12:00:00 +0000
SHENZHEN, China/SHANGHAI, May 28 (Reuters) – When Tencent Holdings Ltd made its first big foray overseas with an adaptation of its blockbuster mobile game “Honour of Kings” in the summer of 2017, executives thought they had a sure-fire success on their hands. The multi-player role-playing game, in which players hack and slash their way through battle arenas, had 55 million daily active users in China and was raking in roughly $145 million a month, making it the company's top grossing game. Tencent has now all but written off its original plans for “Arena of Valor” and disbanded the game's marketing team for Europe and the United States, two company sources with direct knowledge of the matter said.
After “Honour of Kings” failure abroad, Tencent retools overseas strategy
Tue, 28 May 2019 10:09:10 +0000
SHENZHEN, China/SHANGHAI (Reuters) – When Tencent Holdings Ltd made its first big foray overseas with an adaptation of its blockbuster mobile game “Honour of Kings” in the summer of 2017, executives thought they had a sure-fire success on their hands. The multi-player role-playing game, in which players hack and slash their way through battle arenas, had 55 million daily active users in China and was raking in roughly $145 million a month, making it the company's top grossing game. But missteps in development and marketing, exacerbated by a rift with Tencent's U.S.-based Riot Games subsidiary, has seen the international version, called “Arena of Valor”, flop in Europe and North America.
Edited Transcript of SE.N earnings conference call or presentation 22-May-19 12:00am GMT
Sun, 26 May 2019 17:57:15 +0000
Q1 2019 Sea Ltd Earnings Call
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Wed, 22 May 2019 20:29:00 +0000
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Final trades: Marriott, CME, Sea Ltd., Disney & Biotech
Wed, 22 May 2019 17:22:05 +0000
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