Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 12.87% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 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 $80.00 long call 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 down which suggests that the medium-term momentum for Target is bearish.
The RSI indicator is at 21.47 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
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Thu, 29 Nov 2018 04:02:00 +0000
What Is Taylor Swift's Net Worth? According to Forbes, Taylor Swift's net worth is estimated to be a whopping $320 million as of 2018. The massive number puts Swift in the top end of celebrity net worth, comparable to those of Drake or Serena Williams.
Target (TGT) Gains But Lags Market: What You Should Know
Wed, 28 Nov 2018 22:50:10 +0000
In the latest trading session, Target (TGT) closed at $71.88, marking a +0.7% move from the previous day.
5 Stocks to Buy for December
Wed, 28 Nov 2018 20:18:19 +0000
The first is a robust holiday shopping season sparking an end-of-year rally in retail stocks. Or, you could read on, and look at specifically which retail and tech stocks are due for big December rallies. 30 Second Rundown: Athletic-apparel company Lululemon (NASDAQ:LULU) is firing on all cylinders ahead of what promises to be a record holiday season, and the stock remains in bear market territory, allowing for a big rally with the right catalysts.
Amazon Cyber Monday Sales Highlight its Expanding Advertising Business
Tue, 27 Nov 2018 22:44:10 +0000
Amazon's Thanksgiving holiday shopping sales reinforced its continued e-commerce domination and also highlighted its growing advertising business.
These Self-Care Trends Offer The Ultimate Superfood: Cold, Hard Cash
Tue, 27 Nov 2018 21:35:19 +0000
As shoppers work toward their best selves, everyone from beauty brands to gyms to cannabis companies stand to make a pretty penny from wellness trends.
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