TRW Automotive (TRW) NewsBite - TRW Hits 52-Week High
Posted: Friday, March 12, 2010 11:27 AM EDT
By: Market Intelligence Center Staff
TRW Automotive (NYSE: TRW) hit a new 52-Week high of $28.41 so far today. Currently the stock is up $0.30 (1.08%) to $28.05 on 380,363 shares traded. Today's high is up $26.43 from a 52-Week Low of $1.62. TRW Automotive stock has been showing support around $26.97 and resistance in the $28.29 range. Technical indicators for the stock are bullish and S&P gives TRW a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on TRW the stock seems like it could be a candidate for a July out-of-the-money bull-put credit spread below the 22.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
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