Exelon (EXC) NewsBite - EXC Covered In Bloomberg Video Report Today

Thursday, November 20, 2008 2:18 PM EDT

Exelon (EXC) was covered in a Bloomberg Video Report today and the stock is now at $47.84, down $1.39 (-2.82%) on volume of 4,486,141 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 $41.23 to a high of $92.13. Exelon stock has been showing support around $46.54 and resistance in the $53.80 range. Technical indicators for the stock are bullish and S&P gives EXC a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on EXC the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 55 range. [ABR-Seven Summits Strategic Investments NewsBite]

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