Apollo_CB

Hammond Power falling out of channel but rebounding

Long
OTC_DLY:HMDPF   Hammond Power Solutions Inc.
Hammond is my newest long-term position, between their amazing quarterly performance, and the increased need of transformers world-wide, I believe it has a safe moat. TA wise the stock fell out of its exceptional channel and fell below the 20SMA. Looking to reclaim momentum back towards the channel or at least staying above the 20SMA.

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