Headwaters (HW) NewsBite - One of Today's Top Gainers

Posted: Thursday, November 19, 2009 2:05 PM EDT

Headwaters (HW) leads the list of top gainers so far today and is now at $5.10, up $0.55 (12.09%) on volume of 1,762,779 shares traded. Over the last 52 weeks the stock has ranged from a low of $1.22 to a high of $8.34. Headwaters stock has been showing support around $4.28 and resistance in the $5.08 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for HW. If you are looking for a hedged play on HW the stock seems like it could be a candidate for a February covered call above the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]

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