TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 9.89% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for TJX 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 TJX 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 TJX
Marsico Fund Aims For Stocks With Catalysts And Moats
Mon, 04 Nov 2013 22:53:00 GMT
Investor's Business Daily – Marsico Fund Aims For Stocks With Catalysts And Moats
News Summary: Stocks rise on Monday
Mon, 04 Nov 2013 22:22:25 GMT
AP – BROAD GAINS: Stocks posted minor gains that were spread across industries. Major stock indexes are still close to all-time highs. IPO WEEK: Twitter's planned initial public offering on Thursday caps a …
Black Friday Losing Luster With Modest Holiday Sales?
Wed, 30 Oct 2013 20:53:00 GMT
Investor's Business Daily – Black Friday Losing Luster With Modest Holiday Sales?
Brixmor IPO Shops More Shares
Wed, 30 Oct 2013 15:27:00 GMT
TheStreet – Brixmor CEO Michael Carroll talks to TheStreet about its increased offering and its generous dividend.
Bigger isn't better: Size matters for retailers
Wed, 30 Oct 2013 14:56:53 GMT
CNBC – An increase in retail square footage may lead to an inventory overload this holiday, forcing retailers to slash prices.
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