TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 12.36% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for TJX 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 TJX is bullish.
The RSI indicator is at 61.16 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
The TJX Companies' CEO Hosts 2013 Investor Event (Transcript)
Tue, 22 Oct 2013 22:30:04 GMT
Seeking Alpha – E-commerce is another substantial potential growth vehicle, and we plan to give customers many reasons to shop, both online and our brick-and-mortar businesses. Although, again, we're in no rush. We can …
Your first trade for Wednesday
Tue, 22 Oct 2013 22:02:59 GMT
CNBC – The “Fast Money” traders share their final trades of the day.
TJX Ups Q3 and FY14 Outlook
Tue, 22 Oct 2013 18:10:02 GMT
An Off-Price Retailer as Impressive as TJX Companies
Tue, 22 Oct 2013 17:18:02 GMT
Motley Fool – TJX Companies has been a big winner in the current economic environment, but it’s not alone.
FMHR Final Trade
Tue, 22 Oct 2013 16:58:00 GMT
CNBC – The FMHR traders reveal their final trades of the hour.
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