Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 11.61% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock rose above the $70.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Target 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 Target is bearish.
The RSI indicator is at 42.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Target
Apple shares are in the black for 2013, still down year-to-year
Sat, 30 Nov 2013 16:11:00 GMT
Fortune – FORTUNE — “I think it's going to be an iPad Christmas,” Tim Cook told analysts last month, and it looks like he may be right. Apple (AAPL) shares closed at 556.07 Friday, up $37.37 (7%) for …
Steer Clear of Sears
Sat, 30 Nov 2013 14:04:33 GMT
Motley Fool – Sears has been outperforming Wal-Mart and Target by wide margins over the past month, but this doesn’t match industry trends and what’s taking place in the real world.
On Black Friday, the Real Fight Was Online
Sat, 30 Nov 2013 13:59:01 GMT
AllThingsD – Brick-and-mortar retailers mounted a furious defense on Black Friday to head off incursions into one of the industry's biggest shopping days by such online rivals as Amazon.com.
Why Costco Will Continue Outgrowing Wal-Mart and Target
Sat, 30 Nov 2013 13:32:49 GMT
Motley Fool – Because of its superior business model and corporate culture, Costco is positioned to continue outgrowing Wal-Mart and Target for years to come.
Surprise! Biggest Winner Of Black Friday Money Haul
Sat, 30 Nov 2013 03:33:00 GMT
Forbes – Who was the big winner of this year’s expanded Black Friday money haul? Macy’s, Target, J.C. Penny? How about the U.S. economy, Walmart (despite protests), or even Bitcoin as it goes mainstream? What about consumers who braved crowds to buy in brick and mortar stores? Nope, arguably the biggest winner was
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