Rochester, NY 8/22/2009 1:28:11 AM
FPL Group Inc. FPL, FPL Group Releases Profitable Market Stands Gained
FPL Group Inc. FPL
FPL Group earnings has hit at closed market. It a 52-week low of $33.81 and 52-week high of $61.90. The company stocks have been showing support around 55.87 and resistance in the 57.63 range. A Technical indicator for the company stock is Bullish and it will continue to move higher.
FPL appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Dec '09 55 covered calls (FPL LK) for a net debit in the $52.82 area. That is also the break even stock price for this trade.
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