Edison Bulls in Charge

eix New York, June 6th (TradersHuddle.com) - Shares of Edison International (NYSE:EIX) booked a new 52 week high today by trading above $45.32, traders are definitely monitoring Edison's price action to see if this move attracts further buying into the stock.

Edison International (NYSE:EIX), through its subsidiaries, develops, acquires, owns, and operates electric power generation facilities worldwide.The California based company provides integrated energy services, utility outsourcing, and consumer products.

Edison is currently trading 0.2% versus its previous trading session close, and it has calculated support and resistance at $37.51 and $44.52 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 1.71% from its previous trading close, which means that Edison stock is underperforming the overall market.

TradersHuddle Search

Stock Search:


Site Search:

Loading

Technical Scans

Recent Trading Ideas

Latest Partner Headlines

Stock Market

Loading
Chart
o Dow Jones 16,974.31 0.00 (0.00%)
o S&P 500 1,982.30 0.00 (0.00%)
o NASDAQ 4,549.23 0.00 (0.00%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:16,974.31 Trade time:4:31PM EDT Value change:0.00 (0.00%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,982.30 Trade time:4:31PM EDT Value change:0.00 (0.00%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,549.23 Trade time:5:15PM EDT Value change:0.00 (0.00%)

In The Wires

Copyright © 2013 TradersHuddle.com. All Rights Reserved.