Target's most recent trend suggests a bearish bias. One trading opportunity on Target is a Bear Call Spread using a strike $73.00 short call and a strike $78.00 long call offers a potential 13.12% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $73.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock rose above the $78.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Target 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 Target is bearish.
The RSI indicator is at 29.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Target
Amazon.com Won't Spin Off Amazon Web Services in 2018
Fri, 09 Feb 2018 22:06:00 +0000
Even if it causes a few big customers to leave, AWS is better off as part of Amazon.
Amazon wants to reportedly deliver more items with its own delivery service
Fri, 09 Feb 2018 16:14:00 +0000
Amazon is getting into the package delivery business. The Wall Street Journal reports that the service, called Shipping with Amazon, will launch a pilot program in the next few weeks in Los Angeles. Yahoo Finance’s Alexis Christoforous and Rick Newman discuss what the move means for FedEx and UPS.
See what the IHS Markit Score report has to say about Target Corp.
Fri, 09 Feb 2018 13:01:21 +0000
Target Corp NYSE:TGT
What Analysts Recommend for Costco, Walmart, and Target
Fri, 09 Feb 2018 12:35:02 +0000
Key Updates from Costco, Walmart, and Target
Why Target Stock Has Jumped 12.3% Year-to-Date
Thu, 08 Feb 2018 21:25:02 +0000
Target (TGT) stock is up about 12.3% on a YTD (year-to-date) basis as of February 7, 2018, and has outperformed its peers. Plus, the company has also exceeded the S&P 500 Index (SPX-INDEX) in terms of price appreciation, as the recent stock market mayhem stemming from the rising interest rates wiped out the benchmark index’s gains. In comparison, Walmart (WMT) stock is up approximately 4.2%, while Costco (COST) is trading in the red on a YTD basis.
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