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Liberty Interactive Corporation Message Board

  • russo.julia russo.julia Aug 8, 2009 10:30 PM Flag

    Nice Move ON Friday. Time to Buy!!!

    Liberty Media leads the list of top gainers Friday up $1.42 (19.14%) on volume of 8,534,025 shares traded. Over the last 52 weeks the stock has ranged from a low of $1.97 to a high of $15.17. Liberty Media stock has been showing support around $6.78 and resistance in the $7.86 range. Technical indicators for the stock are Bullish with the stock forming positive diveregences. This is a great sign adn a great buying opportunity if you play it just right. We reccomend a hedged play on LINTA the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 7.50 range.

    Happy Trading

    Traders Helping Trader!

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