McKesson's most recent trend suggests a bullish bias. One trading opportunity on McKesson is a Bull Put Spread using a strike $148.00 short put and a strike $143.00 long put offers a potential 8.7% 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 $148.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $143.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McKesson 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 McKesson 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 McKesson
Searching For Value
Mon, 27 Feb 2017 20:30:20 GMT
3 Healthcare Stocks to Invest In
Sat, 25 Feb 2017 14:34:40 GMT
University of Wisconsin Puts FHIR to Work
Thu, 23 Feb 2017 14:30:00 GMT
Business Wire – A research project led by Dr. Richard Bruce of the University of Wisconsin-Madison is now underway to use the latest iteration of the Fast Healthcare Interoperability Resources standard to improve radiology workflow and care quality.
4 Legendary Investor Picks For The Trump Rally
Tue, 21 Feb 2017 15:47:00 GMT
Lifshitz & Miller LLP Announces Investigation of Aetna Inc., GenVec, Inc., Ixia, McKesson Corporation, Meridian Bioscience, Inc., Novan, Inc., Regulus Therapeutics Incs., The Southern Company and The Western Union Company
Fri, 17 Feb 2017 22:11:00 GMT
PR Newswire – NEW YORK, Feb. 17, 2017 /PRNewswire/ — Aetna Inc. (AET) Lifshitz & Miller announces investigation on behalf of AET investors concerning AET's abandoned acquisition of Humana Inc. If you are an AET investor, …
Also on Market Tamer…
Follow Us on Facebook