Hasbro Inc.(HAS) Scales Past 20 Day & 50 Day MA On Strong Earnings
By Mark Moneymaster
February 08, 2010 1:11 PM
February 08, 2010 1:11 PM
Symbols: HAS
Hasbro Inc. (NYSE: HAS) started the week with a gap-up opening after it came out with a nearly 77% growth in its earnings for the quarter ended last December. Hasbro Inc. (HAS) had climbed 12.90% by early afternoon dealings.
Hasbro Inc. (HAS) breached 20 day and 50 day MA in the same session on Monday, to raise hopes that the stock is poised for a new breakout zone. The surge on Monday was well supported by high volumes in trading interest in the session so far.
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