Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 12.87% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.57 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock rose above the $62.50 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Target
Post Security Breach, Target Does What Target Does Best, Sticks To The Plan
Fri, 31 Jan 2014 04:49:00 GMT
Forbes – In the fallout of Target's security breach and poor performance in Canada, the retailer keeps doing what it does best.
Yahoo email account passwords stolen
Thu, 30 Jan 2014 22:50:49 GMT
AP – Usernames and passwords of some of Yahoo's email customers have been stolen and used to gather personal information about people those Yahoo mail users have recently corresponded with, the company said …
Target representative guarded in U.S. panel briefing: sources
Thu, 30 Jan 2014 22:42:58 GMT
Reuters – A Target Corp (TGT) representative briefed Congressional investigators by telephone on Thursday about the retail chain's recent massive data breach, but offered few fresh details, citing continuing law enforcement investigations. Isaac Reyes, an official with Target's government relations department, spoke by phone to officials from the House of Representatives Oversight Committee, two sources familiar with the session told Reuters. During the call, Reyes offered little fresh information about how the breach occurred or who Target believed was behind it. Target spokeswoman Molly Snyder told Reuters that during the briefing the company provided as much information as it could about the breach in which some 40 million credit and debit card records plus personal information of 70 million customers were stolen.
Target representative guarded in U.S. panel briefing -sources
Thu, 30 Jan 2014 22:41:27 GMT
Reuters – A Target Corp representative briefed Congressional investigators by telephone on Thursday about the retail chain's recent massive data breach, but offered few fresh details, citing continuing law enforcement investigations. Isaac Reyes, an official with Target's government relations department, spoke by phone to officials from the House of Representatives Oversight Committee, two sources familiar with the session told Reuters. During the call, Reyes offered little fresh information about how the breach occurred or who Target believed was behind it. Target spokeswoman Molly Snyder told Reuters that during the briefing the company provided as much information as it could about the breach in which some 40 million credit and debit card records plus personal information of 70 million customers were stolen.
Target could face $1.1B in data-breach fines: Pro
Thu, 30 Jan 2014 21:30:58 GMT
CNBC – Jefferies analyst Daniel Binder said the retailer could face up to $1.1 billion in fines from the breach that impacted up to 110 million shoppers.
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