Intuit's most recent trend suggests a bullish bias. One trading opportunity on Intuit is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 14.94% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Intuit 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 Intuit is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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 Intuit
Survey: Small Business Employment Flat in February
Tue, 04 Mar 2014 14:21:42 GMT
Small Business Employment Remained Flat in February
Tue, 04 Mar 2014 13:35:00 GMT
Business Wire – U.S. small business employment remained stagnant in February, while average hours worked and monthly wages both increased. Overall, small business revenue declined 0.09 percent in
Andreessen strikes back at Icahn in eBay spat
Mon, 03 Mar 2014 14:14:52 GMT
CNBC – Marc Andreessen hit back at billionaire Carl Icahn on Monday, calling claims made by Icahn about his tenure on eBay's board “false and misleading.”
Mattel gets construction toy brand Mega Bloks
Fri, 28 Feb 2014 23:25:13 GMT
Carl Icahn Goes On The Offensive Against eBay
Fri, 28 Feb 2014 01:01:57 GMT
Motley Fool – Carl Icahn, eBay’s most vocal shareholder, continues his crusade for change at the online auction giant.
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