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Watch for Shares of Hasbro Inc (HAS) to Approach Resistance at $104.47

By Nick Russo

Hasbro Inc (NASDAQ:HAS) has opened bullishly above the pivot of $103.23 today and has reached the first level of resistance at $103.91. Analysts will be watching for a cross of the next upside pivot targets of $104.47 and $105.71.

Hasbro Inc has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $97.67. The stock should find initial resistance at its 200-day moving average (MA) of $92.75 and further resistance at its 50-day MA of $99.03.

In the past 52 weeks, shares of Hasbro Inc have traded between the current low of $0.00 and a high of $107.58 and are now at $0.00. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Hasbro Inc on June 11th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $90.47. Since that recommendation, shares of Hasbro Inc have risen 14.2%. We continue to monitor HAS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts hasbro inc

Ticker(s): HAS