PNC Financial (PNC) NewsBite - PNC Covered In Bloomberg Video Report Today

Posted: Friday, October 24, 2008 11:16 AM EDT

PNC Financial (PNC) was covered in a Bloomberg Video Report today and the stock is now at $60.06, up $3.18 (5.59%) on volume of 5,218,391 shares traded. To see the video report go to http://www.marketintelligencecenter.com/VideoNews . Over the last 52 weeks the stock has ranged from a low of $49.01 to a high of $87.99. PNC Financial stock has been showing support around $53.00 and resistance in the $59.00 range. Technical indicators for the stock are bullish and S&P gives PNC a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on PNC the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 50 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (PNC)