Whiting Petroleum (WLL) NewsBite - WLL Hits 52-Week High On Morgan Stanley Upgrade

Whiting Petroleum (NYSE: WLL) hit a new 52-Week high of $64.43 so far today. Currently the stock is up $2.52 (4.08%) to $64.32 on 385,716 shares traded. Today's high is up $45.06 from a 52-Week Low of $19.26. Whiting Petroleum stock has been showing support around $60.55 and resistance in the $63.35 range. Technical indicators for the stock are and S&P does not currently have a STARS rating for WLL. The stock hit a new 52 week high today after Morgan Stanley upgraded the stock today to Buy from Neutral and lifted its price target on the stock to $75 from $60. If you are looking for a hedged play on WLL the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 50 range.

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