TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 8.7% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $62.50 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 67.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for TJX
Time to buy in stocks, housing and oil?
Fri, 09 Jan 2015 00:40:05 GMT
U.S. retailers' December same-store sales review
Thu, 08 Jan 2015 22:58:29 GMT
Reuters – Click on http://tmsnrt.rs/1Fw31zb for a Thomson Reuters report that reviews U.S. retailers' December same-store sales.
4 Stocks, 4 trades: GMCR, LLY, TJX & MU
Wed, 07 Jan 2015 17:26:00 GMT
TJX downgraded by Telsey Advisory Group
Wed, 07 Jan 2015 11:56:08 GMT
Apple and Amazon's Unpaid Security Checks Face a New Challenge in State Courts
Wed, 07 Jan 2015 10:51:31 GMT
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