Trade Alert - Brookdale Senior Living at New Highs

bkd New York, August 23rd (TradersHuddle.com) - Shares of Brookdale Senior Living Inc. (NYSE:BKD) booked a new 52 week high today by trading above $22.23, traders are definitely monitoring Brookdale's price action to see if this move attracts further buying into the stock.

Brookdale Senior Living Inc. (NYSE:BKD) operates senior living facilities. The Company offers its residents access to a full continuum of services across all sectors of the senior living industry. Brookdale Senior operates independent living facilities, assisted living facilities, continuing care retirement communities, and a skilled nursing facility.

Brookdale Senior Living is currently trading -0.5% versus its previous trading session close, and it has calculated support and resistance at $15.66 and $20.09 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 -0.59% from its previous trading close, which means that Brookdale Senior Living stock is outperforming the overall market.

Technical Scans

Stock Market

Loading
Chart
o Dow Jones 16,594.30 ▼60.47 (-0.36%)
o S&P 500 1,983.86 ▼3.80 (-0.19%)
o NASDAQ 4,802.99 ▼9.71 (-0.20%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:16,594.30 Trade time:10:44AM EDT Value change:▼60.47 (-0.36%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,983.86 Trade time:10:44AM EDT Value change:▼3.80 (-0.19%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:4,802.99 Trade time:10:44AM EDT Value change:▼9.71 (-0.20%)

In The Wires

Copyright © 2013 TradersHuddle.com. All Rights Reserved.