Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 17.37% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock rose above the $85.00 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 71.54 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
Why Costco’s Earnings Are Growing at a Breakneck Pace
Mon, 18 Jun 2018 20:55:02 +0000
Costco’s (COST) earnings per share have seen double-digit growth over the past five quarters. In comparison, Walmart (WMT) has also improved its EPS. Target’s (TGT) EPS returned to a growth trend during the recently reported fiscal first quarter.
How Costco Outperformed Walmart and Target on Comps
Mon, 18 Jun 2018 19:25:02 +0000
Costco (COST) has posted impressive sales performance over the past several quarters and has outperformed both Walmart (WMT) and Target (TGT). During the recently concluded quarter, Costco’s comps (comparable store sales) in the US grew 7.7% (excluding the changes in fuel prices and currency movements). This is higher than Walmart’s 2.1% growth (excluding fuel) and Target’s 3.0% increase.
Google (GOOGL) Plans to Invest in JD.Com, Ups Game Against Amazon (AMZN)
Mon, 18 Jun 2018 18:30:00 +0000
Alphabet Inc (NASDAQ:GOOGL)’s division Google has announced its plans to invest $550 million in, JD.Com Inc (NASDAQ:JD), one of the largest Chinese e-commerce companies. This will aid the company in strengthening footprints in the growing global online retail market. The partnership will allow the e-commerce company to list its products on Google’s shopping site which will help it to expand customer reach.
Costco Stock Rebounds, Up 11.4% in 2018 Year-to-Date
Mon, 18 Jun 2018 17:53:09 +0000
At a time when retail giants like Walmart (WMT), Target (TGT), and Amazon (AMZN) are fiercely competing for a greater share of consumer spending, Costco (COST) is enjoying smooth sailing. When Amazon disrupted the grocery space with its 2017 Whole Foods acquisition, Wall Street analysts were most concerned about the prospects for Costco stock.
MLS All-Star Game jersey targets Atlanta’s railroads
Mon, 18 Jun 2018 16:12:48 +0000
The Major League Soccer All-Star Game will be held inside Atlanta's Mercedes-Benz Stadium on Aug. 1, and the MLS has released the official jerseys that will be worn during the match.
Related Posts
Also on Market Tamer…
Follow Us on Facebook