Emulex (ELX) NewsBite - ELX Could Be On the Move
Posted: Tuesday, November 17, 2009 11:31 AM EDT
Emulex (ELX) could be on the move today and is now at $10.87, up $0.09 (0.83%) on volume of 931,989 shares traded. Over the last 52 weeks the stock has ranged from a low of $4.53 to a high of $12.33. Emulex stock has been showing support around $10.18 and resistance in the $11.14 range. Technical indicators for the stock are neutral and S&P gives ELX a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ELX the stock seems like it could be a candidate for an April covered call above the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]
Click Symbol For More News On:
(ELX)
CLICK HERE: FREE Emulex (ELX) Stock ReportSee what our analysts have uncovered about Emulex (ELX).
Limited Time Offer: Click here for “FREE PriceWatch Alerts” on leading stocks from Investors Observer. Get the right investing information at the right time. Give yourself EVERY edge in this market GO »