Cerner (CERN) NewsBite - CERN Hits 52-Week High

Posted: Wednesday, June 17, 2009 2:58 PM EDT

Cerner (NasdaqNM: CERN) hit a new 52-Week high of $60.70 so far today. Currently the stock is up $1.50 (2.55%) to $60.36 on 676,394 shares traded. Today's high is up $29.99 from a 52-Week Low of $30.37. Cerner stock has been showing support around $56.81 and resistance in the $60.25 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for CERN. If you are looking for a hedged play on CERN the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 50 range. [ABR-Seven Summits Strategic Investments NewsBite]

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