Dow Chemical (DOW) NewsBite - DOW Is On the Move
Posted: Monday, November 16, 2009 10:48 AM EDT
By: Market Intelligence Center Staff
Dow Chemical (DOW) appears to be on the move today and is now at $28.75, up $0.22 (0.78%) on volume of 2,581,595 shares traded. Over the last 52 weeks the stock has ranged from a low of $5.89 to a high of $29.04. DOW was covered in a Vic Wisemann report today. To read the report, go to www.marketintelligencecenter.com/vw111609 . Dow Chemical stock has been showing support around $27.68 and resistance in the $29.44 range. Technical indicators for the stock are neutral and S&P gives DOW a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on DOW the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 25 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE Dow Chemical (DOW) Stock ReportSee what our analysts have uncovered about Dow Chemical (DOW).