hoarsepower

ASX - HMC - Home Consortium around All Time Highs

Long
hoarsepower Updated   
ASX:HMC   HMC CAPITAL LIMITED
Position taken

Hitting All Time Highs
Rising OBV
Sea of Green candles
Moving Averages steadily trending up parallel
Bullish RSI and MACD

Bought $5.16
Stop 2x ATR $4.80
Portfolio risk ~0.5%
Aim hold it to 20% gain to put a 20% Trailing Sell on it and see what happens.

About Us shpiel:
Home Consortium is a wholly Australian-owned property group, backed by some of Australia’s most successful retail organisations.
In 2016, the company acquired the property assets formerly occupied by Masters hardware and began the process of creating a new concept in value and convenience-based shopping in regional and outer-metro areas across the country.
Today, a portfolio of 35 assets are present in five states under the HomeCo brand, offering a unique mix of everyday needs and inspired lifestyle brands, with many anchored by national supermarkets and many of Australia’s most successful retail brands. HomeCo is built on a platform of hyper-convenience and everyday value, anchored by Australia’s leading supermarkets, daily-needs and services enterprises, and delivering a sustainable trading model for brands in a diversity of retail categories including lifestyle, health and wellness, homewares and electronics.
Website:
www.home-co.com.au/
Recent news:
www.afr.com/property...unds-20210413-p57io2
Trade closed: stop reached:
Stopped out at 4.81.
Should have used a 4ATR.
Better luck next time!
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