TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 11.11% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $87.50 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 above 80 which suggests that the stock is in overbought 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
Are Solid Comps Solely Behind TJX Companies' Bull Run?
Tue, 19 Jun 2018 20:40:08 +0000
TJX Companies (TJX) is gaining from impressive comps growth and aggressive expansion strategies.
See what the IHS Markit Score report has to say about TJX Companies Inc.
Tue, 19 Jun 2018 12:00:24 +0000
TJX Companies Inc NYSE:TJX
10 Stock Picks for Millennials to Consider, According to Experts
Thu, 14 Jun 2018 16:54:00 +0000
It's time to start investing, millennials. Experts named 10 great stocks for millennials to consider when starting a portfolio. Millennials may be tempted too leave the investing to apps like Acorn, but these experts have some great picks for those who want to be more adventurous—or simply want control over their portfolio.
3 Great Income Stocks That Could Double Their Dividends
Sat, 09 Jun 2018 11:18:00 +0000
A great dividend can always be improved.
Macy's CEO: We Would Like to Have an Outlet Open Inside Every Store
Thu, 07 Jun 2018 21:17:00 +0000
“We eventually hope to have one [a Backstage outlet] in every store,” Macy's CEO Jeff Gennette told TheStreet on the sidelines of our sister publication The Deal's corporate governance conference Thursday. The company has 690 department stores open split between Macy's and Bloomingdale's. More recently, the company has shifted its focus to opening the Backstage concept inside full-price Macy's stores.
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