Honda Motor Co Ltd (HMC) Ready to Breakout? - Tale of the Tape

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 Are you a technical investor? If so, it may be time to consider Honda Motor Co Ltd ( HMC ) 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 HMC .

This trend may have already begun, as shares of ROIC have moved by higher by 5.2 % in just the past month. Plus, HMC has earned itself a Zacks Rank #2 (Buy) , so there is plenty of reason to believe that the run for Honda Motor Co Ltd has plenty of life left.



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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

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