Colgate's most recent trend suggests a bearish bias. One trading opportunity on Colgate is a Bear Call Spread using a strike $64.50 short call and a strike $69.50 long call offers a potential 11.86% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $64.50 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $4.47 would be incurred if the stock rose above the $69.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Colgate 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 Colgate 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 Colgate
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Fri, 01 Aug 2014 16:02:00 GMT
P&G's quarterly results mixed
Fri, 01 Aug 2014 11:17:00 GMT
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Thu, 31 Jul 2014 20:28:00 GMT
Colgate-Palmolive Posts In Line Q2 Earnings, Misses Revenue
Thu, 31 Jul 2014 20:05:05 GMT
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Thu, 31 Jul 2014 15:25:00 GMT
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