Harman International Inc (NYSE:HAR) Strong Gap Up Open
By George Zabel
October 30, 2009 10:12 AM
October 30, 2009 10:12 AM
Symbols: HAR
Harman International Inc(HAR)is trading limit up in today’s session sharply higher and almost touching the $40 trend line resistance level. The stock was upgraded to a buy by RBC Capital but it did already have good technical standing.
Harman remains a good Call bet as long as one can get a fair price entry premium. Best strategy is to buy OTM Calls and possible exercise the option and hold onto the actual stock for even longer.
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