HANA : Key resistance at 28

HANA has huge resistance from 28 to 31, but we forecast it will break out above this range this year, with a rally to 42-44 to follow. We view the stock as a candidate for a new all time high during 2011 – above its peak of 44.40 posted back in March 2000

Consider swing trade entry if not already long from or just above 25, with a stop loss at 24.65 and targets at 28, 31,  34.50…then 42 or so….depending if you hold for weeks or months.



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