/biz/ - Business & Finance

I think Hasbro (HAS) will do well about 6 months from now on their ER, after the success of their gimmick in the upcoming MTG set (inserting old reserve-list cards into booster packs, rather than reprinting them). They currently pay a 3.45% dividend as well.

Looking at weekly candles, we can see a bit of a descending flag (I always get flags, pennants and wedges mixed up), which looks like it might break out topside, as long as resistance holds.
MACD looks fairly weak, and STC hasn't quite reversed yet. In the near term, it's actually trading well below its 7ma, while 50, 100, 200ma are converging. It's also on the lower end of its bollinger band so it might spring back to the top of said band. There was a triple top around 104, so it seems like the market needs to decide what the bottom support is, but I can see it rising 8-12% over the next few months, though it may drop first.