Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $107.00 short put and a strike $102.00 long put offers a potential 16.28% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $107.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $102.00 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 at 66.57 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
Germany hides the awkward truth about the euro
Thu, 12 Sep 2019 04:00:39 +0000
Mario Draghi, the departing president of the ECB, has already earned his place in the pantheon of great Europeans. Had the single currency collapsed, much of the architecture of postwar European integration would have gone with it. National politicians, frozen in the headlights of the crisis, have a lot for which to thank Mr Draghi.
FedEx Q1 Earnings Preview: Can FDX Stock Bounce Back After Amazon Breakup?
Wed, 11 Sep 2019 23:40:11 +0000
Let's see what to expect from the FedEx's upcoming first-quarter fiscal 2020 financial results, due out after the closing bell on Tuesday, September 17, to see if FDX stock might bounce back after its Amazon breakup.
Why Markets Think Tariffs Will Help Apple and Hurt Amazon
Wed, 11 Sep 2019 23:29:59 +0000
Tariff talks have hits Amazon hard as other retailers outperform. Is Apple dependent on China, or is it the other way around?
Apple Valley's Orchard Place starts lining up retail tenants
Wed, 11 Sep 2019 19:02:27 +0000
What is being called the biggest retail development in the Twin Cities is underway on a reclaimed portion of a massive Apple Valley gravel mine, where Orchard Place is now in the leasing phase.
Shipt's new CEO on company's plan for Birmingham, recruiting and the future of the business
Wed, 11 Sep 2019 18:16:26 +0000
Shipt CEO Kelly Caruso sheds light on her first six months on the job, her vision for Birmingham and more.
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