Target's most recent trend suggests a bullish bias. One trading opportunity on Target is a Bull Put Spread using a strike $255.00 short put and a strike $250.00 long put offers a potential 44.93% 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 $255.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $250.00 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 74.4 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
Bed Bath & Beyond CEO: We want to make retail investors happy
Tue, 27 Jul 2021 16:04:25 +0000
Yahoo Finance Live chats with Bed Bath & Beyond CEO about its turnaround plan and new crop of retail investors rooting for it to win.
Target partners with author and illustrator Christian Robinson for kids collection
Mon, 26 Jul 2021 12:06:35 +0000
Target Corp. announced a partnership with children's book author and illustrator Christian Robinson that will include 70 items. Comprised of books, clothing and home goods, the collection will be priced from $6 to $70, and will be available August 15 at most stores and online. Items will range across kids, babies and toddlers, with new home items coming in October. Target stock has soared 47.9% for the year to date, outpacing the S&P 500 index , which has gained 17.5% for the period.
Target Announces Fall Collaboration with Author, Illustrator and Animator Christian Robinson
Mon, 26 Jul 2021 11:00:00 +0000
Target Corporation (NYSE: TGT) today announced its limited-time-only collaboration with author, illustrator and animator Christian Robinson, who is renowned for his captivating and imaginative illustrations and his best-selling children's books, “You Matter” and “Another.” The Christian Robinson for Target collection includes more than 70 items across home, apparel and books for kids and baby that encourage discovery and play. The collection ranges in price from $6-$70, and will be available beg
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