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Aetna Finds Resistance After Q4 Report

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Aetna Inc (NYSE: AET) shares are trading higher by $1.35 at $103.19 in Monday's session. It's rallying off a Q4 beat of $0.16 with slightly better revenues. The Street is not alarmed by its lowered FY 2016 guidance.

Following a higher open, it rallied and found resistance just ahead of its January 27 high ($105.11), only reaching $105. It has found intra-day support ahead of the top of Friday's range ($101.84), reaching $102.51. At this time, it is attempting to remain in the $102 handle.

Posted-In: Technicals Intraday Update Movers Trading Ideas

 

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