Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
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

Lumber Liquidators (LL) Showing Bearish Technicals With Support At $20.63

May 15, 2018 (Marketintelligencecenter.com via COMTEX) --

After May 14, 2018aEUR(TM)s trading in Lumber Liquidators (<a href="http://www.marketintelligencecenter.com/symbol/LL">LL</a>) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 15.47% or 22.77% (for comparison purposes only), while providing 18.76% downside protection. The trade is a Jan 18, 2019 covered call at the $20 level for a net debit of about $17.32. 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 $20.63 and $21.85, respectively.

(C) Copyright 2018, Marketintelligencecenter.com. All rights reserved. ********************************************************************** As of Friday, 05-11-2018 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system,

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 72.52
Nat Gas 2.826
Corn 403 6/8
Cotton #2 88.57
Gold 1294.2
Copper 3.1215
Euro 1.18450
USD Index 93.235
SP500 E-mini 2737.75
DJIA E-mini 25050
close_icon
open_icon