Hanesbrands: Waiting for Direction

Published on Friday, 17 August 2012 05:00 Written by TradersHuddle Wire

hbi New York, August 17th (TradersHuddle.com) - Shares of Hanesbrands, Inc. (NYSE:HBI) closed the trading day lower by $0.13 or -0.38% from its previous close. Hanesbrands' price action formed what is considered to be a doji close, where the open and close prices are very close to each other, mainly signaling an indecision between buyers and sellers.

Hanesbrands, Inc. (NYSE:HBI) manufactures clothing for men, women, and children. The Company produces underwear, T-shirts, socks, sweatshirts, sleepwear, and shoes and offers its products under the brand names of Hanes, Champion, Playtex, Bali, L

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