Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 14.16% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $60.00 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
Black Friday Backlash: Real Deals Or Just A Marketing Scam?
Wed, 19 Nov 2014 05:48:00 GMT
Forbes – Walmart made headlines last week by announcing its Black Friday specials would be extended from one day to five, beginning Thanksgiving morning and going through Cyber Monday. Other retailers seek to usurp purchases that would otherwise go to competitors with Black Friday presales. With specials beginning weeks before its official
Completion of Rights Issue
Tue, 18 Nov 2014 23:43:25 GMT
noodls – Microsoft Word – Target ASX 171114 FINAL ASX Announcement 17 November 2014 Corporate information • Non-renounceable pro-rata entitlement issue complete • Over $2,000,000 raised US‐focused oil and gas producer, …
Home Depot Sales Beat, But Data Breach Hurts Stock
Tue, 18 Nov 2014 21:16:00 GMT
Target Earnings: What To Watch
Tue, 18 Nov 2014 20:29:58 GMT
J.C. Penney’s new CEO can succeed even if he fails
Tue, 18 Nov 2014 18:54:08 GMT
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