Vodafone Group (NYSE: VOD) NewsBite - VOD Hits 52-Week Low

Posted on Tuesday, August 19, 2008 3:44 PM
Vodafone Group (NYSE: VOD) hit a new 52-Week low of $25.26 so far today. Currently the stock is down $.52 (-2.01%) to $25.38 on 2,038,161 shares traded. Today's low is down $15.49 from a 52-Week high of $40.87. Vodafone Group stock has been showing support around $25.55 and resistance in the $26.47 range. Technical indicators for the stock are neutral and S&P gives VOD a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on VOD the stock seems like it could be a candidate for a September out-of-the-money bear-call credit spread above the 27.50 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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