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 26 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 44.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Target
Inside Target's Pre-Holiday Disaster
Mon, 25 Nov 2013 22:46:00 GMT
Motley Fool – Target could be in trouble heading into the holidays, after the discount retailer surprised shoppers with a website redesign that leaves a lot to be desired.
China probes Qualcomm
Mon, 25 Nov 2013 22:00:00 GMT
CNBC – China is investigating Qualcomm over the country's anti-monopoly law. James Faucette, Pacific Crest Securities, weighs in. He has an outperform rating on Qualcomm.
Target Is Singing the Canada Blues
Mon, 25 Nov 2013 21:32:07 GMT
Motley Fool – Target expanded ambitiously into Canada this year, but things haven't exactly gone as planned.
Target Offers Amazing Deals for First Black Friday in Canada
Mon, 25 Nov 2013 19:48:22 GMT
noodls – On November 29, more affectionately known as Black Friday, Target is pulling out all the stops to offer the best deals in Canada as guests prepare for the holiday season. With doors open from 7 a.m. until …
Good time for change at Wal-Mart: CEO
Mon, 25 Nov 2013 19:04:00 GMT
CNBC – Jan Kniffen, J Rogers Kniffen CEO, and Sucharita Mulpuru-Kodali, Forrester Research, provide insight on the Wal-Mart CEO shakeup. Kniffen says consumers are no longer convinced Wal-Mart had everyday low …
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