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Aluminum Corporation of China (ACH) NewsBite - One of Today's Top Gainers So Far
- China Aluminium Network
- Post Time: 2009/3/4
- Click Amount: 463
Aluminum Corporation of China (ACH) leads the list of top gainers so far today and is now at $11.74, up $0.97 (9.01%) on volume of 282,430 shares traded. Over the last 52 weeks the stock has ranged from a low of $7.22 to a high of $49.57. Aluminum Corporation of China stock has been showing support around $10.20 and resistance in the $11.78 range. Technical indicators for the stock are bearish and S&P gives ACH a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on ACH the stock seems like it could be a candidate for an April out-of-the-money bull-put credit spread below the 10 range.
Source: marketintelligencecenter.com
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