Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $59.00 short call and a strike $64.00 long call offers a potential 7.3% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $59.00 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 $64.00 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 46.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Target
Introducing the Sonia Kashuk Fall 2014 Cosmetic Bag Collection Available Exclusively at Target®
Fri, 08 Aug 2014 20:33:37 GMT
noodls – MINNEAPOLIS – Start fresh this fall and reorganize your essentials with new trend-driven makeup and travel bags from Sonia Kashuk. Created in the season's most striking prints, these stylishly designed …
Recalls this week: televisions, bar stools
Fri, 08 Aug 2014 19:07:07 GMT
08.08.2014 Status Update
Fri, 08 Aug 2014 11:18:25 GMT
noodls – Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness …
Watch out for credit cards issued by retailers
Fri, 08 Aug 2014 00:47:28 GMT
Target's new boss a ‘sensible choice'
Fri, 08 Aug 2014 00:01:05 GMT
AAP – Target's new chief Brian Cornell is nothing if not determined. In 1981, Cornell handed in his last college paper at UCLA, took his final exam and skipped out on the graduation ceremony to catch a plane to London in search of the woman he said had “absolutely stolen my heart”. He is still married to that college sweetheart, Martha, who with their daughter and son travelled across Europe, Africa and North America while Cornell moved frequently as a rising retail executive. “You look back at key decisions in life,” Cornell told a class of UCLA graduates in 2010, “and that was one of the early ones I got right”.
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