Silver Wheaton (SLW) NewsBite - SLW Hits New 52-Week High of 24.41
Posted: Tuesday, September 07, 2010 2:31 PM EDT
By: Market Intelligence Center Staff
Silver Wheaton (NYSE: SLW) hit a new 52-Week high of $24.41 so far today. Currently the stock is up $0.47 (1.97%) to $24.36 on 4,231,890 shares traded. Today's high is up $13.79 from a 52-Week Low of $10.57. Silver Wheaton stock has been showing support around $22.48 and resistance in the $24.68 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for SLW. If you are looking for a hedged play on SLW the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 21 range. [ABR-Seven Summits Strategic Investments NewsBite]
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