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Analysis: #NASDAQ $HAS

Case 246 #Hasbro Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#HAS 1/4
Chart 1
Weekly Chart: A violent downward move was seen in Feb. 2020 with the long term #pivot #support at 77.02 vapourised and below that level the vacuum exposed - all gains from 2013 were wiped out within 2 months. #Resistance is .....

HAS 2/4
..... now very formidable between 92.60-106.20. We are not convinced of the reliability of #trendline support at 41.80 and a close below will see price target 32.45-31.20 within a couple of weeks.

HAS 3/4
Chart 2
Daily Chart: The #Strategy is printed on the image.

$HAS 4/4
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