$HI #Breakout Setup

NYSE:HI   Hillenbrand Inc
In November of this the stock broke out of a massive 1+year head on shoulder pattern (on the weekly time frame). The stock has been digesting that rally for a month moving sideways right below the $40 level. The head and shoulders bottom chart pattern price target is up around $53. The current sideway breakout setup could be the launching pad to that level.

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