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

Sangamo Biosciences (SGMO) Showing Bearish Technicals

Feb 09, 2018 ( via COMTEX) --

After Feb 8, 2018aEUR(TM)s trading in Sangamo Biosciences (<a href="">SGMO</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 11.88% or 22.95% (for comparison purposes only), while providing 28.50% downside protection. The trade is a Aug 17, 2018 covered call at the $16 level for a net debit of about $14.30. 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 $18.10 and $23.80, respectively.

(C) Copyright 2018, 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 62.36
Nat Gas 2.602
Corn 367 4/8
Cotton #2 77.16
Gold 1349.8
Copper 3.2110
Euro 1.24280
USD Index 89.013
SP500 E-mini 2731.25
DJIA E-mini 25206