CBS (CBS) Trades Lower After Hitting New 52 Week High





CBS (NYSE: CBS) hit a new 52-Week high of $14.95 so far today. Currently the stock is down $0.22 (-1.49%) to $14.56 on 5,210,634 shares traded. Today's high is up $10.91 from a 52-Week Low of $3.65. CBS stock has been showing support around $14.15 and resistance in the $15.09 range. Technical indicators for the stock are bullish and S&P gives CBS a positive 4 STARS (out of 5) buy ranking. CBS trading down over 1% this afternoon as profit takers have been selling the stock after it hit a new 52 week high earlier in the day. If you are looking for a hedged play on CBS the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 13 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For CBS (CBS):

CBS (CBS) Showing Support Near $28.77 With 1.35% Dividend Yield

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http://www.marketintelligencecenter.com/analyfav/1334179

CBS (CBS) Could Break Through $29.92 Resistance Level

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CBS (CBS) Trading Near $27.77 Support Level

Wednesday, February 01, 2012... CBS (NYSE:CBS) closed Tuesday's directionless trading session at $28.48. In the past year, the stock has hit a 52-week low of $17.99 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1331627

CBS (CBS) Trading Near $29.41 Resistance Level

Thursday, January 26, 2012... CBS (NYSE:CBS) closed Wednesday's favorable trading session at $28.76. In the past year, the stock has hit a 52-week low of $17.99 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1330523

CBS (CBS) Could Break Through $29.27 Resistance Level

Friday, January 20, 2012... CBS Corp (NYSE: CBS) closed Thursday's trading session at $28.83. In the past year, the stock has hit a 52-week low of $17.99 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1329208


Hedged Trade Ideas For CBS:

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