SiRF Technology (NasdaqNM: SIRF) NewsBite - SIRF Hits 52-Week Low

Posted on Tuesday, August 19, 2008 3:39 PM
SiRF Technology (NasdaqNM: SIRF) hit a new 52-Week low of $1.96 so far today. Currently the stock is down $.29 (-12.78%) to $1.98 on 2,712,967 shares traded. Today's low is down $28.63 from a 52-Week high of $30.61. SiRF Technology stock has been showing support around $2.12 and resistance in the $2.38 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for SIRF. If you are looking for a hedged play on SIRF the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 2.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
Stocks To Watch Today: MS, PBR, GM, F, MRK, BTU, NEM, BJ, PRU, UNP, TEVA, ACE (Click Symbol For Latest News)

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