Sponsored by:
General Motors (GM)
General Electric (GE)
Apple (AAPL)
Deere (DE)
Focus Stocks
Featured Stories
S&P Indices Announces Changes to U.S. Indices
Staples, Inc. Announces First Quarter 2012 Performance
Xerox Broke Support
Are the Bears Taking Control over F5 Networks?
Chico's FAS Reports First Quarter Earnings
More Upside for Red Hat ?
Published on Thursday, 15 July 2010 12:42 Written by Christopher Lynn
New York, July 15th (TradersHuddle.com) - Shares of Red Hat, Inc. (NYSE:RHT) booked a new 52 week high today by trading above $32.52, traders are definitely monitoring Red Hat's price action to see if this move attracts further buying into the stock.
Red Hat, Inc. (NYSE:RHT) develops and provides open source software and services, including the Red Hat Linux operating system.
Red Hat is currently trading 0.5% versus its previous trading session close, and it has calculated support and resistance at $28.20 and $30.99 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range
The overall market index S&P 500 is trading lower by -1.08% from its previous trading close, which means that Red Hat stock is outperforming the overall market.
Related Articles
- Red Hat CEO Jim Whitehurst to Deliver Keynote Address at Open Source Business Conference
- Red Hat Celebrates 10 Years of Red Hat Enterprise Linux, Reaffirms Strategic Direction
- Red Hat Unveils Enterprise Platform-as-a-Service (PaaS) Roadmap and Strategy
- Red Hat and IBM Achieve Top Security Certification for KVM Hypervisor on Red Hat Enterprise Linux and IBM Servers
- Dell and Red Hat Collaborate for Embedded Solutions through Dell OEM Partner Program
- Red Hat Strengthens Asia-Pacific Operations with the Expansion of Two R&D Centers in India
- New Ratings: HUN, RHT
- Critical Alerts For eBay, Anheuser-Busch InBev, Red Hat, Cheesecake Factory, and Manpower Released By InvestorsObserver
- INTTRA Powers Business Processes and Delivers Customer Value with Red Hat JBoss Middleware Solutions
- Critical Alerts For Netflix, Red Hat, Humana, Family Dollar, and Focus Media By Seven Summits Research
Related Partner Headlines
- Dell and Red Hat Collaborate for Embedded Solutions through Dell OEM Partner Program - Benzinga
- UPDATE: Stifel Nicolaus Resumes Buy on Red Hat; Plenty of RHEL Growth Left - Benzinga
- Red Hat Inc. (RHT): Today's Featured Technology Winner - TheStreet.com
- Red Hat Stock Hits New 52-Week High (RHT) - TheStreet.com
- Red Hat: S&P Gainer - TheStreet.com
- Red Hat Rises On Unusually High Volume (RHT) - TheStreet.com
- Red Hat: S&P Intraday Gainer - TheStreet.com
- Red Hat Rises on Strong Quarter, Repurchase - TheStreet.com
- Red Hat Reaches New 52-Week High (RHT) - TheStreet.com
- Notable Put Options Activity in Red Hat - Benzinga
JIM CRAMER wants to work for YOU. JIM does the research -- YOU get email alerts each time he trades. JIM provides access to his actual portfolio -- YOU can use it to guide your portfolio strategy.
Try Jim's Action Alerts PLUS for FREE!
TradersHuddle Search
| Sponsored By:
|
|
Stock Search: |
|
Site Search: Loading
|
Latest Partner Headlines
Stock Market
Loading
