Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $52.00 short call and a strike $57.00 long call offers a potential 15.21% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock rose above the $57.00 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 37.87 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
iQ100 up over twenty percent this year
Mon, 26 Jun 2017 18:38:00 +0000
The CNBC iQ100 up more than 20 percent in one year. It's an index tracking 100 big cap companies that get most of their revenue from their own intellectual property. Today's leaders include Micron, HP inc, Teva Pharmaceuticals Industries, Johnson Contr…
Can Target Buy a Grocery Chain?
Mon, 26 Jun 2017 15:30:51 +0000
Can Target counter Amazon's acquisition of Whole Foods? Does it have to? Who are the likely prospects?
3 Nagging Challenges for Realty Income Corp (O) Stock
Mon, 26 Jun 2017 15:22:54 +0000
When it comes to real estate investment trusts, Realty Income Corp (NYSE:O) has certainly been a standout performer. Realty Income owns and manages free-standing, single-tenant properties — and about 80% of the portfolio is in retailers. It definitely helps that Realty Income has maintained a strong dividend yield, which is currently at 4.5%.
Target pulls Hampton Creek products from shelves
Mon, 26 Jun 2017 14:11:19 +0000
Food startup Hampton Creek, which is facing boardroom drama and financial struggles, now has a new hurdle: Target Corp. is removing all its Hampton Creek products from store shelves and its online store. A Target spokeswoman told Bloomberg that the company was responding to allegations of food safety concerns at manufacturing facilities used by San Francisco-based Hampton Creek, though it's not aware of any consumers becoming sick from the products.
Iamgold, Scotts Miracle-Gro, Burlington Stores, Target and Dollar General highlighted as Zacks Bull and Bear of the Day
Mon, 26 Jun 2017 13:30:01 +0000
Iamgold, Scotts Miracle-Gro, Burlington Stores, Target and Dollar General highlighted as Zacks Bull and Bear of the Day
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