TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 6.38% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $50.00 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 55.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
Netflix shares jump after earnings, outlook
Mon, 21 Oct 2013 22:40:49 GMT
MarketWatch – Netflix shares surge in the extended session after the on-demand video provider tops Wall Street earnings estimates and gives a healthy forecast.
TJX raises outlook for year
Mon, 21 Oct 2013 22:38:26 GMT
TJX raises outlook for year
Mon, 21 Oct 2013 22:38:26 GMT
TJX Raises Third-Quarter and Full-Year Earnings Guidance
Mon, 21 Oct 2013 21:53:00 GMT
After-hours buzz: Transocean, Netflix, TI & more
Mon, 21 Oct 2013 21:32:20 GMT
CNBC – Check out which companies are making headlines after the bell Monday:
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