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Trading Idea - Spirit AeroSystems Breaking Out?
Published on Thursday, 22 December 2011 20:20 Written by Christian Paolinetti
New York, December 22nd (TradersHuddle.com) - Shares of Spirit AeroSystems Holdings Inc. (NYSE:SPR) closed the trading session at $21.01 just above calculated resistance at $20.37 effectively breaking out, grabbing the attention of momentum traders, which could eventually push the stock to different trading range
Spirit AeroSystems Holdings Inc. (NYSE:SPR) designs and manufactures aerostructures including fuselages, propulsion systems and wing systems for commercial and military aircrafts.
Spirit AeroSystems' stock was trading in a well defined range with support at $18.81 and resistance at $20.37, given that this range was broken traders will be closely monitoring the stock
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Related Partner Headlines
- Spirit AeroSystems Holdings Inc. (SPR): Today's Featured Aerospace/Defense Winner - TheStreet.com
- UPDATE: Wedbush Maintains Outperform Rating, Raises PT for Spirit AeroSystems - Benzinga
- Spirit AeroSystems Holdings Inc. (SPR): Today's Featured Aerospace/Defense Winner - TheStreet.com
- Jefferies: Spirit Aerosystems Heading to Over $6B - Benzinga
- Internet-Hungry Consumers Force Vodafone to Consider a C&W Offer - Benzinga
- UPDATE: Auriga Raises Price Target on Spirit AeroSystems to $30 - Benzinga
- UPDATE: Wedbush Raises Price Target on Spirit AeroSystems to $30 - Benzinga
- UPDATE: Deutsche Bank Raises Price Target on Spirit Aerosystems to $26 - Benzinga
- Wedbush Securities Maintains Spirit AeroSystems Holdings Class A at Outperform, Raises PT from $26 to $30 - Benzinga
- Auriga Maintains Spirit AeroSystems Holdings Class A at Buy, Raises PT from $27.5 to $30 - Benzinga
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