Herbalife (HLF) NewsBite - HLF Hits 52-Week High

Posted: Friday, November 06, 2009 3:15 PM EDT

Herbalife (NYSE: HLF) hit a new 52-Week high of $39.90 so far today. Currently the stock is up $0.32 (0.81%) to $39.77 on 913,672 shares traded. Today's high is up $27.65 from a 52-Week Low of $12.12. Herbalife stock has been showing support around $37.81 and resistance in the $40.27 range. Technical indicators for the stock are neutral and S&P gives HLF a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on HLF the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 35 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (HLF)