Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $116.00 short call and a strike $121.00 long call offers a potential 42.86% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $116.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock rose above the $121.00 long call 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 down which suggests that the medium-term momentum for Target is bearish.
The RSI indicator is at 29.2 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
Hackers are ramping up attacks on retirement accounts — how to keep yourself safe
Wed, 29 Jan 2020 13:26:00 +0000
The thought of losing your life savings to hackers can be terrifying — and it’s why two of Houston financial adviser Michelle Gessner’s clients didn’t want to consolidate their retirement assets, even if the move would be financially savvy. The couple had already been the target of identity theft in the past, then with their credit cards, and they were afraid that if they rolled all their money together, they’d be “sitting ducks” at risk of losing their entire nest egg. “The question is real and understandable,” Gessner said.
Target (TGT) Stock Sinks As Market Gains: What You Should Know
Tue, 28 Jan 2020 22:45:10 +0000
In the latest trading session, Target (TGT) closed at $115.45, marking a -0.29% move from the previous day.
Top Consumer Staples Stocks for February 2020
Tue, 28 Jan 2020 19:52:03 +0000
These are the consumer staples stocks with the best value, fastest growth, and most momentum for February.
Here's Why Office Depot is Marching Ahead of the Industry
Tue, 28 Jan 2020 14:07:02 +0000
Office Depot (ODP) has been also making incremental investments to restructure itself into a product and services-driven enterprise.
Buy Sluggish Amazon Stock Ahead of Q4 Earnings on Possible 2020 Surge?
Tue, 28 Jan 2020 00:39:12 +0000
Amazon stock has fallen over 4% in the last six months. It appears that investors are worried about Amazon's profit. But how long will Amazon stock stay stagnant as the e-commerce powerhouse spends to speed up its delivery?
Related Posts
Also on Market Tamer…
Follow Us on Facebook