Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $245.00 short put and a strike $240.00 long put offers a potential 18.2% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $245.00 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 dropped below the $240.00 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 above 80 which suggests that the stock is in overbought territory.
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
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Mon, 12 Jul 2021 09:55:00 +0000
Investors looking for long-term dividend income should be sure to look at more than just today's yield.
3 Dividend Stocks to Buy on Sale
Sun, 11 Jul 2021 18:07:00 +0000
Dividend stocks are particularly appealing to buy at sale prices since there can be an outsized return forever on that capital. 2020 will likely be looked at as an inflection point for retailer Target (NYSE: TGT). Target benefited greatly from demand boosted by the pandemic in 2020.
The pandemic has expanded waistlines and fattened Levi's sales
Fri, 09 Jul 2021 16:06:14 +0000
Levi's sees a big lift in business as consumers rebuild closets for post-pandemic lives.
16 Best E-Commerce Stocks to Buy in 2021
Fri, 09 Jul 2021 14:25:40 +0000
In this article, we will be looking at the 16 best e-commerce stocks to buy in 2021. To skip our detailed analysis of the online retail sector, you can go directly to the 5 Best E-Commerce Stocks to Buy in 2021. From grocery shopping to education, there’s nothing that the coronavirus pandemic hasn’t caused a change […]
E-Commerce Continues to Boost Retail Sales: 5 Stocks to Buy
Fri, 09 Jul 2021 12:00:12 +0000
Retailers with a strong online presence like Target Corporation (TGT), Walmart (WMT) and Best Buy (BBY) are likely to benefit in the near term.
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