Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 18.48% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $57.50 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 69.55 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
Corporate pressure on NFL mounts
Thu, 18 Sep 2014 00:24:50 GMT
Financial Times – Target has withdrawn all of the merchandise related to one of the National Football League's leading players as corporate pressure continues to mount on the most powerful US sporting organisation amid …
Alibaba is a phenom — just not in America
Wed, 17 Sep 2014 21:01:29 GMT
Target Gears for Holiday Season, Expands Toy Collection
Wed, 17 Sep 2014 16:10:02 GMT
Should Walmart and Target Worry Over General Mills' Weak Quarter?
Wed, 17 Sep 2014 15:25:00 GMT
Should Walmart and Target Worry Over General Mills' Weak Quarter?
Wed, 17 Sep 2014 15:25:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook