Washington Federal (WFSL) NewsBite - WFSL Hits 52-Week Low
Posted: Tuesday, December 23, 2008 2:35 PM EDT
Washington Federal (NasdaqNM: WFSL) hit a new 52-Week low of $11.55 so far today. Currently the stock is down $4.08 (-25.08%) to $12.19 on 4,144,442 shares traded. Today's low is down $15.25 from a 52-Week high of $27.44. Washington Federal stock has been showing support around $15.49 and resistance in the $16.85 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for WFSL. If you are looking for a hedged play on WFSL the stock seems like it could be a candidate for a February out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]
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