Lanmar

20% Upside in Real Estate Investment Trust, Hudson Bay Co.

Long
Lanmar Updated   
TSX:HBC   None
Strong bottom formation building on this stock. I am long and intend to buy more in blue box.
Trade active:
Filled in blue at 10.70 (added to existing position)
Comment:
Breakout is confirmed. Watch for mild horizontal resistance at 12.70 - may be able to get in slightly cheaper than today on the retest of 12.20. I would not wait for 12.20 though, I'd advise buying/adding at 12.35. I'll be adding my third and final layer at 12.35.

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.