Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 7.3% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.34 would be kept by the premium seller. The risk of $4.66 would be incurred if the stock rose above the $67.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Target is bearish and the probability of a decline 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 31.97 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
Third Supplementary Target's Statement
Mon, 20 Oct 2014 01:39:35 GMT
noodls – 20 October 2014 Company Announcement Office Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000 TAKEOVER BID FOR ROC OIL COMPANY LIMITED: THIRD SUPPLEMENTARY TARGET'S …
Don't become a victim of spear phishing
Sat, 18 Oct 2014 11:01:28 GMT
Seasonal jobs outlook robust this year
Sat, 18 Oct 2014 01:53:52 GMT
USA TODAY – Early gift for jobless: Companies are looking for seasonal workers, and paying more.
Business Highlights
Fri, 17 Oct 2014 21:39:22 GMT
AP – ___ Why the bond market is more fragile than you think A bottleneck is building in the global market for bonds. Main Street investors have poured a trillion dollars into bonds since the financial crisis, …
Obama's under-used credit card declined in NY
Fri, 17 Oct 2014 19:55:13 GMT
AP – The Secret Service is charged with watching the president's back, but who's watching his wallet? When his credit card was declined last month while dining in New York, President Barack Obama wondered if …
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