Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $51.50 short put and a strike $46.50 long put offers a potential 19.33% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $51.50 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $46.50 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 27.87 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
Target launches Restock, its anti-Amazon gambit
Thu, 29 Jun 2017 20:26:24 +0000
Target Corp. on Tuesday launched its promised next-day delivery service of household essentials that it hopes will help it retain customers who might otherwise be lured away to Amazon.com's Prime service. TechCrunch reports on the public debut of Target Restock , which the Minneapolis-based retailer has been testing on its own employees for the past few months. Target (TGT) is taking the rollout slowly, for now making Restock only available in the Twin Cities and a few other Minnesota markets.
How Grocers Can Survive the Amazon/Whole Foods Takeover
Thu, 29 Jun 2017 16:18:48 +0000
They need to remember their advantages.
Does Target Have a Moat?
Thu, 29 Jun 2017 15:19:00 +0000
Without a competitive advantage, Target's upcoming investments could produce low returns.
Proofpoint CEO: Be Prepared for More Ransomware Attacks Like Petya
Thu, 29 Jun 2017 12:01:00 +0000
Here's how Petya defied ransomware conventions.
Downtown Minneapolis Target liquor store opens Friday as flagship store remodel takes shape (slideshow)
Wed, 28 Jun 2017 19:30:13 +0000
Target Corp. will open its downtown Minneapolis liquor store on Friday, part of a $10 million remodel project to its flagship store. It will open in time for Minnesota Sunday liquor sales, which kicks off July 2. The liquor store will be open Monday through Saturday from 8 a.m. to 10 p.m. and Sundays from 11 a.m. to 6 p.m. The shop will carry about 2,000 items (including roughly 900 wine selections).
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