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Mercury Computer Systems (MRCY) Trading Near $50.42 Support Level

Dec 07, 2017 (Marketintelligencecenter.com via COMTEX) --

A covered call identified by MarketIntelligececenter.com's patented algorithm on Mercury Computer Systems (<a href="http://www.marketintelligencecenter.com/symbol/MRCY">MRCY</a>) could yield about 2.56% (21.76% annualized, for comparison purposes only) in 43 days. Pair a long position in the stock with the Jan 19, 2018 $50 call for a net debit of about $48.75. This position also has 5.70% downside protection. Mercury Computer Systems closed at $51.70 Dec 6, 2017. Technical indicators for MRCY are bearish and support and resistance have been about $50.42 and $52.56, respectively.A

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