HCP Bulls in Charge

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HCP Bulls in Charge

Published on Thursday, 29 December 2011 11:34 Written by Christopher Lynn

hcp New York, December 29th (TradersHuddle.com) - Shares of HCP, Inc. (NYSE:HCP) booked a new 52 week high today by trading above $41.9, traders are definitely monitoring HCP's price action to see if this move attracts further buying into the stock.

HCP, Inc. (NYSE:HCP) is a real estate investment trust. The Trust invests in health care related real estate throughout the United States. HCP's properties include senior housing, life sciences, medical offices, hospitals, and skilled nursing homes.

HCP is currently trading 1.05% versus its previous trading session close, and it has calculated support and resistance at $35.83 and $41.90 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 higher by 0.6% from its previous trading close, which means that HCP stock is outperforming the overall market.

HCP Stock To Go Ex-dividend Tomorrow (HCP) - TheStreet.com
HCP Inc (HCP): Today's Featured Real Estate Winner - TheStreet.com
UPDATE: Jefferies Raises Target to $40 on HCP - Benzinga
HCP Named to the S&P 500 Dividend Aristocrats Index - Benzinga
HCP Stock Hits New 52-Week High (HCP) - TheStreet.com
UPDATE: Stifel Nicolaus Upgrades HCP to Buy - Benzinga
HCP Stock To Go Ex-dividend Tomorrow (HCP) - TheStreet.com
HCP Reaches New 52-Week High (HCP) - TheStreet.com
HCP Stock Hits New 52-Week High (HCP) - TheStreet.com
HCP Inc (HCP): Today's Featured Real Estate Loser - TheStreet.com

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