HMSP - Interesting stock to put in your watchlist

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.

Kommentera:

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.

Kommentera:

HMSP breaks out from its falling wedge pattern. Let's see if the weekly candle could hold.