HMSP - Interesting stock to put in your watchlist

marketslave_ Updated   
This stock is still in a downtrend. But if you're a dividend investor, this stock would be a pretty good bargain. There's a bullish divergence on the weekly timeframe indicating that we will probably see a bounce. The price has also rebounded from the 1k level. Since this stock is still in a downtrend, it's less likely that we would see an immediate trend reversal at this point. We would still have to wait and see until the price breaks a higher low or an important resistance.
Nah it's not a good idea. EPS is declining, and so is DPS. Let's see if this tobacco company could recover after the pandemic.
HMSP breaks out from its falling wedge pattern. Let's see if the weekly candle could hold.

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.