Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Layne Christensen (LAYN) Showing Bearish Technicals With Resistance At $13.27

Nov 10, 2017 ( via COMTEX) --

After Nov 9, 2017aEUR(TM)s trading in Layne Christensen (<a href="">LAYN</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 7.75% or 22.47% (for comparison purposes only), while providing 11.11% downside protection. The trade is a Mar 16, 2018 covered call at the $12.50 level for a net debit of about $11.60. 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 $12.67 and $13.27, respectively.

(C) Copyright 2017, All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 56.96
Nat Gas 3.015
Corn 345
Cotton #2 70.14
Gold 1279.4
Copper 3.1275
Euro 1.17535
USD Index 93.915
SP500 E-mini 2598.00
DJIA E-mini 23557