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

Uniti Group Inc (UNIT) Showing Bearish Technicals With Support At $13.45

Feb 09, 2018 ( via COMTEX) --

After Feb 8, 2018aEUR(TM)s trading in Uniti Group Inc (<a href="">UNIT</a>) the algorithms behind's Artifical Intelligence Center picked out a trade that offers a 8.50% or 9.05% (for comparison purposes only), while providing 18.70% downside protection. The trade is a Jan 18, 2019 covered call at the $12.50 level for a net debit of about $11.51. 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 $13.45 and $15.61, 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 62.25
Nat Gas 2.566
Corn 367 4/8
Cotton #2 77.16
Gold 1349.8
Copper 3.2130
Euro 1.24300
USD Index 89.105
SP500 E-mini 2730.25
DJIA E-mini 25177