Tesoro's most recent trend suggests a bearish bias. One trading opportunity on Tesoro is a Bear Call Spread using a strike $73.00 short call and a strike $79.00 long call offers a potential 43.88% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $73.00 by expiration. The full premium credit of $1.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock rose above the $79.00 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 at 37.79 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 Tesoro
Tesoro’s cash flow from financing activities
Mon, 22 Dec 2014 21:59:37 GMT
An overview of Tesoro’s capex and cash flow from investments
Mon, 22 Dec 2014 19:59:13 GMT
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Mon, 22 Dec 2014 17:59:35 GMT
Tesoro shows superior working capital management
Mon, 22 Dec 2014 15:59:09 GMT
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