Tenet Healthcare (THC) Is One of Today's Top Gainers

Posted: Thursday, December 31, 2009 2:18 PM EDT
By: Market Intelligence Center Staff





Tenet Healthcare (THC) leads the list of top gainers so far today and is now at $5.50, up $0.30 (5.77%) on volume of 6,472,772 shares traded. Over the last 52 weeks the stock has ranged from a low of $0.78 to a high of $6.39. Tenet Healthcare stock has been showing support around $5.07 and resistance in the $5.35 range. Technical indicators for the stock are neutral and S&P gives THC a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on THC the stock seems like it could be a candidate for an August covered call above the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]



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