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ChristopherCarrollSmith

Big bullish divergence in Hennessy Advisors

Long
Hennessy Advisors, Inc. (NASDAQ:HNNA)  
ChristopherCarrollSmith  
NASDAQ:HNNA   Hennessy Advisors, Inc.
Technical Indicators Divergence
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indicator divergence
Hennessy Advisors is rated undervalued and high quality by S&P Capital IQ. It's profitable, but it almost always misses earnings estimates. The next report date is August 1. On purely technical grounds, I think the stock may move up ahead of earnings. It's got a big bullish divergence that formed over several weeks. The stock is up 5% today.
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