Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $112.00 short put and a strike $107.00 long put offers a potential 27.23% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $112.00 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $3.93 would be incurred if the stock dropped below the $107.00 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 at 79.72 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
For These Retailers, ‘Death by Amazon’ Was a False Alarm
Wed, 23 Oct 2019 09:00:00 +0000
Some retailers—including Walmart and Ross Stores—viewed as vulnerable to Amazon have been winners over the past year, handily outperforming Amazon stock.
Will Amazon's (AMZN) Latest Initiatives Bolster Its Q3 Earnings?
Tue, 22 Oct 2019 20:01:08 +0000
Amazon (AMZN) is on deck to report their third quarter results after the closing bell on Thursday, October 24.
Howard Hughes Stock Plummets Because the REIT Won’t Be Sold
Tue, 22 Oct 2019 17:35:00 +0000
Shares of real estate investment trust (HHC) are trading down more than 16% because the company isn’t being sold after all. Instead, the company named a new CEO, Paul Layne. The previous CEO, David Weinreb, and president, Grant Herlitz, have left.
The Zacks Analyst Blog Highlights: Taiwan Semi, Target and D.R. Horton
Tue, 22 Oct 2019 15:04:03 +0000
The Zacks Analyst Blog Highlights: Taiwan Semi, Target and D.R. Horton
Zacks.com featured highlights include: Target, Owens Corning, Booz Allen Hamilton, Medtronic and Dick's Sporting Goods
Tue, 22 Oct 2019 14:53:02 +0000
Zacks.com featured highlights include: Target, Owens Corning, Booz Allen Hamilton, Medtronic and Dick's Sporting Goods
Related Posts
Also on Market Tamer…
Follow Us on Facebook