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Insulet Corp (PODD) Showing Resistance Near $68.79

Nov 10, 2017 (Marketintelligencecenter.com via COMTEX) --

After Nov 9, 2017aEUR(TM)s trading in Insulet Corp (<a href="http://www.marketintelligencecenter.com/symbol/PODD">PODD</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 2.04% or 21.28% (for comparison purposes only), while providing 5.76% downside protection. The trade is a Dec 15, 2017 covered call at the $65 level for a net debit of about $63.69. The net debit is also the breakeven point for this trade. Technical indicators for the stock have been bearish recently and support and resistance have been in the area of $65.91 and $68.79, respectively.

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