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 16.28% 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 $60.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $55.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for TJX
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.
Ascena Opens More Lane Bryant Stores
Mon, 28 Oct 2013 18:00:04 GMT
Consumers Passing By the Mall This Holiday Season
Thu, 24 Oct 2013 16:40:00 GMT
TheStreet – NEW YORK ( TheStreet ) – Consumers aren’t buying from retailers – at least not at the mall. They may be making purchases online, through mobile devices or hitting up discount retailers like TJX TJX, but …
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