America Movil SAB de CV (AMX) NewsBite - AMX Is On the Move
Posted: Wednesday, August 25, 2010 11:14 AM EDT
By: Market Intelligence Center Staff
America Movil SAB de CV (AMX) appears to be on the move today and is now at $46.24, down $0.97 (-2.05%) on volume of 2,131,319 shares traded. Over the last 52 weeks the stock has ranged from a low of $41.34 to a high of $52.53. America Movil SAB de CV has been showing support around $46.30 and resistance in the $49.04 range. Technical indicators for the stock are neutral and S&P gives AMX a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on AMX the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 55 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE America Movil SAB de CV (AMX) Stock ReportSee what our analysts have uncovered about America Movil SAB de CV (AMX).