Herbalife (HLF) NewsBite – HLF Hits 52-Week Low

by louabbott on February 27, 2009

Market Intelligence Center – Published February 27, 2009

Herbalife (NYSE: HLF) hit a new 52-Week low of $13.40 so far today. Currently the stock is down $1.00 (-6.93%) to $13.42 on 1,075,306 shares traded. Today’s low is down $37.67 from a 52-Week high of $51.09. Herbalife stock has been showing support around $13.78 and resistance in the $16.26 range. Technical indicators for the stock are bullish and S&P gives HLF a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on HLF the stock seems like it could be a candidate for an April out-of-the-money bear-call credit spread above the 15 range. [ABR-Seven Summits Strategic Investments NewsBite]

Read more about this at the Market Intelligence Center

Also, read our company overview: Herbalife News, Facts and Review

Be Sociable, Share!

{ 0 comments… add one now }

Leave a Comment

Thoughtful and constructive comments that benefit network marketing professionals and the industry will be accepted and published after review.
We will not publish rude or insulting comments, plugs for your company or product, or generally non-helpful or self-promoting content.

Previous post:

Next post: