Allscripts Healthcare Solutions (NasdaqNM: MDRX) NewsBite - MDRX Hits 52-Week High
Posted: Monday, June 29, 2009 1:53 PM EDT
Allscripts Healthcare Solutions (NasdaqNM: MDRX) hit a new 52-Week high of $16.67 so far today. Currently the stock is up $1.87 (12.69%) to $16.61 on 4,187,163 shares traded. Today's high is up $12.41 from a 52-Week Low of $4.20. Allscripts Healthcare Solutions stock has been showing support around $13.82 and resistance in the $16.56 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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