Is Harmony Gold Mining (HMY) Ready to Breakout? – Tale of the Tape

Zacks

Are you a technical investor? If so, it may be time to consider Harmony Gold Mining Co. (HMY) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for HMY.

This trend may have already begun, as shares of HMY have moved by higher by 6.8% in just the past month. Plus, HMY has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Harmony Gold Mining has plenty of life left.

To read this article on Zacks.com click here.

Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.

Be the first to comment

Leave a Reply