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HLIT

Started by therman, June 17, 2005, 08:47:42 AM

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therman

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

Ares

#1
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
Go in with upside momentum or wait for stock to tank and buy close to support.

BigSully1

chart update