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Nov 21, 2022 10:46 AM

HAMMERSON PLC (HMN) Long

HAMMERSON PLCJSE

Description

JSE-HMN is potentially forming a Double Bottom pattern in a bullish momentum.

Waiting for confirmation with a break above the neckline and confirmed support above R5.29.

Potential target area of R6.89.

Target 1 - R5.89
Target 2 - R6.44
Target 3 - R6.89

Resistance at the Neckline could see it continue the previous down trend.
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