Hasbro (HAS) NewsBite - HAS Could Be On the Move

Posted: Thursday, November 12, 2009 10:34 AM EDT

Hasbro (HAS) could be on the move today and is now at $29.26, up $0.04 (0.14%) on volume of 170,877 shares traded. Over the last 52 weeks the stock has ranged from a low of $21.14 to a high of $29.91. HAS was covered in a Lee Allen report today. To read the report, go to www.marketintelligencecenter.com/la111209 . Hasbro stock has been showing support around $28.65 and resistance in the $29.65 range. Technical indicators for the stock are bullish and S&P gives HAS a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on HAS the stock seems like it could be a candidate for an April out-of-the-money bull-put credit spread below the 25 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (HAS)