Colgate's most recent trend suggests a bearish bias. One trading opportunity on Colgate is a Bear Call Spread using a strike $68.50 short call and a strike $73.50 long call offers a potential 7.07% 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 $68.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock rose above the $73.50 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 at 49.12 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 Colgate
BMO Ups Kimberly-Clark To Buy, Cuts Avon To Sell
Tue, 23 Dec 2014 20:11:00 GMT
Investors Stand to Clean Up With This Wide-Moat Firm
Mon, 15 Dec 2014 12:00:00 GMT
How Serious Are Venezuela's Economic Problems?
Tue, 09 Dec 2014 13:50:00 GMT
Put sale sees Colgate holding gains
Tue, 02 Dec 2014 17:05:37 GMT
Three retailer ETFs for the holidays
Mon, 01 Dec 2014 15:50:39 GMT
USA TODAY – Feeling bullish on consumer spending? Take a look at these funds.
Also on Market Tamer…
Follow Us on Facebook