Sun Microsystems (JAVA) NewsBite - JAVA Could Be On the Move
Posted: Friday, May 08, 2009 10:53 AM EDT
Sun Microsystems (JAVA) could be on the move today and is now at $8.96, down $0.14 (-1.54%) on volume of 42,219,244 shares traded. Over the last 52 weeks the stock has ranged from a low of $2.60 to a high of $13.66. Sun Microsystems stock has been showing support around $9.05 and resistance in the $9.15 range. Technical indicators for the stock are neutral and S&P gives JAVA a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for JAVA. [ABR-Seven Summits Strategic Investments NewsBite]
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