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TMCNet:  12.1% Return Seen to Date on SmarTrend Harmonic Call (HLIT)

[January 03, 2013]

12.1% Return Seen to Date on SmarTrend Harmonic Call (HLIT)

Jan 03, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Harmonic (NASDAQ:HLIT) on November 29th, 2012 at $4.61. In approximately 1 month, Harmonic has returned 12.15% as of today's recent price of $5.17.

In the past 52 weeks, Harmonic share prices have been bracketed by a low of $3.76 and a high of $10.05 and are now at $5.17, 38% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has slid 0.2%.

Harmonic Inc. designs, manufactures, and markets digital and fiber optic systems. The Company's systems enable cable, satellite, and wireless operators to deliver video, Internet, telephony, and high-speed data services. Harmonic's TRANsend digital product line combines and customizes content from a variety of sources.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Harmonic shares.Log in and add Harmonic (HLIT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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