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 9.41% return on risk over the next 25 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 $0.43 would be kept by the premium seller. The risk of $4.57 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 37.91 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Target
Cyberscammers take aim at Black Friday, Cyber Monday
Wed, 27 Nov 2013 04:14:33 GMT
USA TODAY – Cybergrinches plot to plunder Black Friday, Cyber Monday
Citi Raised the Target Price of Yuzhou Properties to HK$2.92, Reiterate Buy Rating
Wed, 27 Nov 2013 02:55:19 GMT
noodls – 【For Immediate Release】 Citi Raised the Target Price of Yuzhou Properties to HK$2.92 Reiterate Buy Rating (26 November 2013, Hong Kong) Yuzhou Properties Company Limited (“Yuzhou Properties” …
1 Stock to Watch This Holiday Season
Tue, 26 Nov 2013 23:01:56 GMT
Motley Fool – Which retail stock sits in a critical spot for the fourth quarter?
Target preps for Black Friday with multimedia deals
Tue, 26 Nov 2013 22:53:53 GMT
USA TODAY – Target tries to bounce back with a better holiday sales season
Homemade Thanksgiving gives way to eating out
Tue, 26 Nov 2013 22:36:32 GMT
USA TODAY – Thanksgiving meals are not always home-cooked.
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