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Trade Alert - Harsco at New Lows

Published on Thursday, 29 July 2010 11:39 Written by Danny Miller

hsc New York, July 29th (TradersHuddle.com) - Shares of Harsco Corporation (NYSE:HSC) booked a new 52 week low by trading below $22.94, traders are definitely monitoring Harsco's price action to see if this move attracts further selling, or it this last push down sets a tradable bottom in the stock.

Harsco Corporation (NYSE:HSC) is an industrial services and engineered products company. The Company offers industrial mill services, gas control, and containment products, scaffolding services, and railway maintenance.

Harsco is currently trading -16.46% versus its previous trading session close, and it has calculated support and resistance at $22.94 and $26.89 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 -0.37% from its previous trading close, which means that Harsco stock is underperforming the overall market.

Harsco Issues Correction to Published News Report Regarding Balkans Region Copper Project; Says Agreement Has Not Been Reached - Benzinga
Harsco Corporation Stock Downgraded (HSC) - TheStreet.com
Harsco Stock To Go Ex-dividend Tomorrow (HSC) - TheStreet.com
Harsco Stock Gaps Up On Today's Open (HSC) - TheStreet.com
Harsco Stock Hits New 52-Week Low (HSC) - TheStreet.com
Harsco Stock Hits New 52-Week Low (HSC) - TheStreet.com

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