Allscripts Healthcare Solutions (MDRX) NewsBite - One of Today's Top Gainers

Posted: Wednesday, June 17, 2009 2:43 PM EDT

Allscripts Healthcare Solutions (MDRX) leads the list of top gainers so far today and is now at $14.85, up $0.94 (6.76%) on volume of 1,055,281 shares traded. Over the last 52 weeks the stock has ranged from a low of $4.20 to a high of $15.96. Allscripts Healthcare Solutions stock has been showing support around $13.57 and resistance in the $14.27 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for MDRX. If you are looking for a hedged play on MDRX the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 12.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

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