$HASI has broken out of its channel that it has been in since the middle of 2021.
Price action is also above the 50 and 200 Day MA now and so far holding above the channel but there has been no full retest of the channel breakout level....but we can see that the 50 Day MA has offered support here instead.
A break above the previous high at $29.88 would trigger Wave 3 being confirmed and the PT for Wave 3 is at $40.
Tom P
2024-04-12 17:55:02 +0000 UTCTom P
2024-04-12 17:54:39 +0000 UTC