Hammond my largest position update

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Hammond power solutions stock is finally having a meaningful correction. It has blasted through my DCA zone and I continue to slowly add shares here. The 200 EMA is about to be tested which usually acts as a strong support. This rapid decline is due to stock based compensation which was rather intense, heavily cutting into earnings. The team does deserve it after a monster two years, not so long ago the stock was at 10$ per share. This is my main energy expansion play aside BN. I buy these shares and I do not check the price very often.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.