TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 12.36% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 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 $72.50 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 74.18 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 TJX
Retail giant TJX to expand overtime pay despite block of Obama rule
Mon, 28 Nov 2016 20:29:32 GMT
Adobe Black Friday Sales Numbers Are ‘Very Real': More Squawk From Jim Cramer
Mon, 28 Nov 2016 16:06:00 GMT
TheStreet – Adobe's ‘strong' Black Friday sales report is a result of colder weather and having the election behind us, The Street's Jim Cramer said on CNBC.
TJX, SBUX, NXPI: Jim Cramer's Views
Mon, 28 Nov 2016 06:00:00 GMT
I Visited a New Macy's Outlet for the First Time and It Was Fascinating
Sun, 27 Nov 2016 19:40:00 GMT
For TJX Companies, Europe Is Both a Blessing and a Curse
Sat, 26 Nov 2016 19:20:00 GMT
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