United Technologies (UTX) NewsBite - UTX Hits 52-Week High

Posted: Friday, March 19, 2010 2:25 PM EDT
By: Market Intelligence Center Staff





United Technologies (NYSE: UTX) hit a new 52-Week high of $73.74 so far today. Currently the stock is up $0.76 (1.05%) to $73.26 on 6,400,667 shares traded. Today's high is up $32.87 from a 52-Week Low of $40.39. United Technologies stock has been showing support around $71.88 and resistance in the $72.86 range. Technical indicators for the stock are bullish and S&P gives UTX a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on UTX the stock seems like it could be a candidate for an August out-of-the-money bull-put credit spread below the 65 range. [ABR-Seven Summits Strategic Investments NewsBite]



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Hedged Trade Ideas For UTX:

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