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sufficientTort88595
Dec 19, 2023 7:04 PM

Leveraging HMM.A's Demand Zone and Descending Triangle Pattern Long

HAMMOND MANUFACTURING COTSX

Description

When HMM.A (TSX) reaches the demand zone between $7.91 and $8.10 and coincides with the closing of the currently forming descending triangle at the drawn demand line, I plan to initiate a buy position. This decision aligns with my strategy to capitalize on potential increased demand and the pattern's breakout. My exit goal for this trade is set between $8.36 and $8.62.

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