I stumbled across the Hammerson PLC chart this morning.
After some doodling around a bit, I'm pretty convinced there is "Falling Wedge Pattern" that has emerged.
I would be lying if I'd said I have done any fundamental research on HMN, other than having a look at some of their latest SENS articles (to make sure there are no gremlins lurking).
I did however notice in their news feed, A SENS for Significant improved collection rates, together with Notifications for Major holdings (Morgan Stanley).
All that aside, I have highlighted where I think prices may look to either retest support (after a brief bull run), or ultimately just head higher as per the Falling Wedge pattern price target "theory".
I'm willing to take a long position on this share.
Whether you do is up to you!
After some doodling around a bit, I'm pretty convinced there is "Falling Wedge Pattern" that has emerged.
I would be lying if I'd said I have done any fundamental research on HMN, other than having a look at some of their latest SENS articles (to make sure there are no gremlins lurking).
I did however notice in their news feed, A SENS for Significant improved collection rates, together with Notifications for Major holdings (Morgan Stanley).
All that aside, I have highlighted where I think prices may look to either retest support (after a brief bull run), or ultimately just head higher as per the Falling Wedge pattern price target "theory".
I'm willing to take a long position on this share.
Whether you do is up to you!