Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 17.1% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock dropped below the $67.50 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 at 74.07 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
Love it or hate it, everyone has an opinion on Amazon
Thu, 04 Dec 2014 03:35:51 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/4ESM7NjobqXm54uaDxI0Mw–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@7d98f1ab-193e-3cd9-bff9-af0d237fcd12_FULL.jpg
‘Grand Theft Auto V' pulled by Australian retailer
Thu, 04 Dec 2014 02:36:12 GMT
AP – Target Australia is removing “Grand Theft Auto V” from store shelves after more than 40,000 people signed an online petition asking the retailer to stop selling the mature video game because …
‘Grand Theft Auto V' pulled by Australian retailer
Thu, 04 Dec 2014 01:00:48 GMT
AP – Target Australia is removing “Grand Theft Auto V” from store shelves after more than 40,000 people signed an online petition asking the retailer to stop selling the mature video game because …
Lender lawsuit against Target moves ahead
Thu, 04 Dec 2014 00:13:08 GMT
AAP – A US federal judge says several banks suing Target Corp over its data breach have a plausible case for negligence and can proceed with the lawsuit. US District Judge Paul Magnuson has allowed three of …
10 subliminal retail tricks you’re probably falling for
Wed, 03 Dec 2014 22:28:52 GMT
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