Harmonic (HLIT) New Coverage Alert, Watch for 38.8% Technical Downtrend Continuation

Harmonic (HLIT) initiated at Hold at Kaufman Bros. The stock closed yesterday at $5.29 on volume of 1,251,800 shares, below average daily volume of 1,286,133. Harmonic is currently below its 50-day moving average of $6.44 and below its 200-day moving average of $7.83. SmarTrend currently has shares ...

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