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Trend_Trader_JSE
May 27, 2021 5:43 PM

Hammerson PLC long idea Long

HAMMERSON PLCJSE

Description

Good to see JSE:HMN back above the 200EMA. It better push up this time, today's close had a good amount of volume. A swing trade here, stop just below the ATR, target the swing high near R13; a 1:4

Comment

Stop just below the 200EMA, 1 or 2 ATR multiples.
Comments
unclecool787
You'll probably find it's recent ZAR strength that's bene holding it back from making a breakout ; in the short term ZAR may still pose a headwind but it looks technically well set up
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