Intuit's most recent trend suggests a bullish bias. One trading opportunity on Intuit is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 19.05% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $72.50 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 at 76.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Intuit
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.
Intuit Supports Dave Camp Tax Simplification Proposal
Thu, 27 Feb 2014 21:55:00 GMT
Business Wire – Intuit Inc. today issued the following statement in support of House Ways and Means Committee Chairman Dave Camp’s proposal to simplify the U.S. tax code.
How to Fix Dave Camp's Tax Plan
Thu, 27 Feb 2014 21:49:00 GMT
INTUIT INC Financials
Thu, 27 Feb 2014 18:04:13 GMT
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