BE Aerospace (BEAV) NewsBite - BEAV Is On the Move

Posted: Wednesday, November 18, 2009 11:05 AM EDT

BE Aerospace (BEAV) appears to be on the move today and is now at $20.55, down $0.34 (-1.63%) on volume of 269,799 shares traded. Over the last 52 weeks the stock has ranged from a low of $5.37 to a high of $21.36. BE Aerospace stock has been showing support around $20.17 and resistance in the $21.37 range. Technical indicators for the stock are neutral and S&P does not currently have a STARS rating for BEAV. If you are looking for a hedged play on BEAV the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

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