TiggzzPhi

$JSEHMN -Could this be another false b/o?

JSE:HMN   HAMMERSON PLC
$JSEHMN has had two false break on two different indicators: bearish flag and H&S formation.
Recently the price pattern formed bullish flag formation, subsequently breaking out on the upside.
However this looks like it could also be short lived as the price seem to have stalled and retracing a bit.
Momentum indicator is still +ve while RSI has turned bearish
Keeping an eye on the 14d ma (4240)

Penafian

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