HMN: 200-period confluence
A price action above 640 supports a bullish trend direction.
Increase long exposure for a break above 675.
The target price is set at 714.
The stop-loss price is set at 610.
Notice how the 200-day and 200-week simple moving averages act as confluence support.
Remains a risky trade.
Increase long exposure for a break above 675.
The target price is set at 714.
The stop-loss price is set at 610.
Notice how the 200-day and 200-week simple moving averages act as confluence support.
Remains a risky trade.
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