HLIT buying at opening.
Harmonic, Inc. engages in the design, manufacture, and sale of digital video systems and fiber optic systems to cable television and direct broadcast satellite operators, and telephone companies worldwide.
Chart signals a turnaround to the upside.
SP closed above daily SMA 38 yesterday.
Financials are healthy.
Qtrly Revenue Growth (yoy): 32.30%
Close yesterday 5,92
target 9
http://finance.yahoo.com/q/ks?s=HLIT
HLIT moving today. The open Price signal is negative but the rest looks positive.
Current High = 8.58 52 Week High = 8.67
0.382 = 8.38 = 6.81
0.500 = 8.32 = 6.23
0.618 = 8.27 = 5.65
5 Day Low = 8.06 52 Week Low = 3.79
chart update