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Hot Stock: Harvest Natural Resources, Shares Gain 11.9% (HNR)Jul 01, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Harvest Natural Resources (NYSE:HNR) is one of today's best performing low-priced stocks, up 11.9% to $3.47 on 1.4x average daily volume. Thus far today, Harvest Natural Resources has traded 675,000 shares, vs. average volume of 477,000 shares per day. The stock has outperformed the Dow (11.9% to the Dow's 1.0%) and outperformed the S&P 500 (11.9% to the S&P's 1.1%) during today's trading. Based on a current price of $3.47, Harvest Natural Resources is currently 13.5% above its average consensus analyst price target of $3.00. Harvest Natural Resources shares should encounter resistance at the 200-day moving average (MA) of $6.64 and support at the 50-day MA of $3.19. Harvest Natural Resources share prices have moved between a 52-week high of $10.83 and a 52-week low of $2.45 and are now trading 42% above that low price at $3.47 per share. Over the last five market days, the 200-day moving average (MA) has gone down 2.3% while the 50-day MA has remained constant. Harvest Natural Resources, Inc. is an independent oil and gas exploration and development company with principal operations in Venezuela and Russia. SmarTrend is tracking the current trend status for Harvest Natural Resources and will alert subscribers who have HNR in their portfolio or watchlist when shares have changed trend direction. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |