So far this morning, property shares have been flashing, hitting highs of the day.
HMN has developed a pennant (~65% complete) where I expect further consolidation before a push toward the upside of the structure.
Entry is a break and close above the trend line ~800c.
Target: +920c - 940c
Stop-loss: 740c
Lots of doubt for the sector (justifiably so) however a gradual (technical) recovery over the last few months (see related J253 idea in February).
HMN has developed a pennant (~65% complete) where I expect further consolidation before a push toward the upside of the structure.
Entry is a break and close above the trend line ~800c.
Target: +920c - 940c
Stop-loss: 740c
Lots of doubt for the sector (justifiably so) however a gradual (technical) recovery over the last few months (see related J253 idea in February).
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.