Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $60.00 short call and a strike $70.00 long call offers a potential 9.29% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $9.15 would be incurred if the stock rose above the $70.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Tesoro 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 Tesoro is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Tesoro
Fast Money Final Trade
Tue, 03 Dec 2013 22:58:00 GMT
CNBC – The Fast Money traders share their final trades of the day.
Nike a buy: Pro
Tue, 03 Dec 2013 22:04:00 GMT
CNBC – The “Fast Money” traders share the play on stocks they are looking to buy and sell, including Boeing, Nike, and home builders.
Bridgewater Associates buys HPQ, RL, and GE and sells TSO, BEN, and CTSH—13F Flash D
Tue, 03 Dec 2013 21:00:06 GMT
Market Realist – Bridgewater Associates is an investment management firm founded by Ray Dalio in 1975 and based in Westport, Connecticut. Why sell Tesoro Corp. (TSO)?
2014 Looking Good For Refiners: Valero, HollyFrontier, Tesoro
Tue, 03 Dec 2013 20:38:29 GMT
Your first trade for Wednesday
Tue, 03 Dec 2013 18:38:50 GMT
CNBC – The “Fast Money” traders share their final trades of the day.
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