Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $72.00 short call and a strike $77.00 long call offers a potential 18.2% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $72.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock rose above the $77.00 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 25.09 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
3 Stocks That Have Gotten Cheaper in Market's All-Time High
Fri, 06 Jan 2017 23:15:13 GMT
Announcements and Notices – Discloseable Transaction Relating to Acquisition of Entire Interest in the Target Company
Fri, 06 Jan 2017 11:25:06 GMT
noodls – Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness …
Somber department store holiday season casts pall over 2017
Thu, 05 Jan 2017 21:21:03 GMT
Macy's to close iconic downtown Minneapolis store
Wed, 04 Jan 2017 23:02:58 GMT
Macy's to close iconic downtown Minneapolis store
Wed, 04 Jan 2017 23:02:58 GMT
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