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Xilinx (XLNX) NewsBite - XLNX Is On the Move

Sep 19, 2008 (Fresh Brewed Media via COMTEX) --

Company: Xilinx, Inc. (XLNX)

Xilinx (XLNX) appears to be on the move today and is now at $24.29, up $0.33 (1.38%) on volume of 5,688,753 shares traded. Over the last 52 weeks the stock has ranged from a low of $18.87 to a high of $28.21. Xilinx stock has been showing support around $21.23 and resistance in the $25.93 range. Technical indicators for the stock are neutral and S&P gives XLNX a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on XLNX the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 20 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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Company: Xilinx, Inc. (XLNX)


Related terms: S&P

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