Coca Cola Enterprises (CCE) Is On The Move
Posted: Thursday, March 11, 2010 2:58 PM EDT
By: Market Intelligence Center Staff
Coca Cola Enterprises (NYSE: CCE) hit a new 52-Week high of $26.66 so far today. Currently the stock is up $0.47 (1.8%) to $26.53 on 4,796,905 shares traded. Today's high is up $16.17 from a 52-Week Low of $10.36. Coca Cola Enterprises stock has been showing support around $25.86 and resistance in the $26.30 range. Technical indicators for the stock are neutral and S&P gives CCE a neutral 3 STARS (out of 5) hold ranking. The stock continues to show recent trading strength, and rose to a new 52 week high earlier in the day. If you are looking for a hedged play on CCE the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 25 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Coca Cola Enterprises (CCE) Stock ReportSee what our analysts have uncovered about Coca Cola Enterprises (CCE).