Callaway Golf (ELY) NewsBite - One of Today's Top Gainers
Posted: Tuesday, July 07, 2009 2:36 PM EDT
Callaway Golf (ELY) leads the list of top gainers so far today and is now at $5.10, up $0.30 (6.25%) on volume of 1,597,646 shares traded. Over the last 52 weeks the stock has ranged from a low of $4.66 to a high of $15.45. Callaway Golf stock has been showing support around $4.52 and resistance in the $5.08 range. Technical indicators for the stock are bearish and S&P gives ELY a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on ELY the stock seems like it could be a candidate for a February covered call above the 5 range. [ABR-Seven Summits Strategic Investments NewsBite]
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