Whole Foods Market (WFMI) NewsBite - One of Today's Top Gainers
Posted: Wednesday, July 08, 2009 2:39 PM EDT
By: Market Intelligence Center Staff
Whole Foods Market (WFMI) leads the list of top gainers so far today and is now at $18.63, up $1.45 (8.44%) on volume of 4,757,100 shares traded. Over the last 52 weeks the stock has ranged from a low of $7.04 to a high of $24.22. Whole Foods Market stock has been showing support around $16.67 and resistance in the $18.15 range. Technical indicators for the stock are bearish and S&P gives WFMI a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on WFMI the stock seems like it could be a candidate for an August out-of-the-money bull-put credit spread below the 16 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Whole Foods Market (WFMI) Stock ReportSee what our analysts have uncovered about Whole Foods Market (WFMI).