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Linn Energy (LINE) NewsBite - LINE Hits 52-Week High

Nov 03, 2009 (Fresh Brewed Media via COMTEX) --

Company: Linn Energy LLC (LINE)

Linn Energy (NasdaqNM: LINE) hit a new 52-Week high of $25.32 so far today. Currently the stock is up $0.42 (1.68%) to $25.32 on 1,080,021 shares traded. Today's high is up $14.51 from a 52-Week Low of $10.81. Linn Energy stock has been showing support around $24.16 and resistance in the $25.70 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for LINE. If you are looking for a hedged play on LINE the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 22.50 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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News Provided by COMTEX

Company: Linn Energy LLC (LINE)


Related terms: energy, S&P

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