Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 11.11% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Target 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 Target is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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
Why Home Depot Is No Target When It Comes to Data Breach
Fri, 19 Sep 2014 04:01:00 GMT
Home Depot breach affected 56M debit, credit cards
Fri, 19 Sep 2014 02:25:55 GMT
Home Depot breach affected 56M debit, credit cards
Fri, 19 Sep 2014 02:25:48 GMT
Home Depot: Card breach put 56M cards at risk
Fri, 19 Sep 2014 00:43:38 GMT
Home Depot Says Data Hack Affected 56 Million Payment Cards
Thu, 18 Sep 2014 21:35:19 GMT
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