Atlas Pipeline Partners (APL) NewsBite - One of Today's Top Gainers

Posted: Monday, February 08, 2010 2:47 PM EDT
By: Market Intelligence Center Staff

Atlas Pipeline Partners (APL) leads the list of top gainers so far today and is now at $11.90, up $0.96 (8.78%) on volume of 1,135,177 shares traded. Over the last 52 weeks the stock has ranged from a low of $2.36 to a high of $13.51. Atlas Pipeline Partners stock has been showing support around $9.07 and resistance in the $12.05 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for APL. If you are looking for a hedged play on APL the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]