Hasboro NASDAQ:HAS. Bouncing in an out of the historical simple moving average (SMA). While it may take a bit for it to spring out and continue its upward trend, it looks poised to do so. However, there is a small price gap that was never closed in the $40's that investors should stay cautious of if the downward trend continues. But a "confirmation" of a reversal will be either a continued move up or a retest of the lower historical SMA band (to close the recent price gaps) followed by a further move up. Fundamentally, HAS has a high level of debt, but earnings growth is forecasted in its future. At $66.00, $ HAS is in a personal buy zone, but patient investors may wish to wait for further confirmation of a reversal.
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