Can HURN buck the downward trend and make a come back?
HURN is coming off a fresh 52 week low area and it made a $1.50 move on Friday on the back of a recent analyst upgrade if that amounts to anything as I don't find analyst upgrades or downgrades useful but it tends move the price.
$40 seems to be a good support and we want to wait for price to form a solid base here if this stock were to make a comeback and take on a position. HURN has a very low short interest (< 3%).
Source: blog.buysellshortcover.com/finding-reversal-opportunities-in-beaten-down-stocks-moh-hurn-hcpl-fl-din-bgs-03-25-2017/?src=tradingview
$40 seems to be a good support and we want to wait for price to form a solid base here if this stock were to make a comeback and take on a position. HURN has a very low short interest (< 3%).
Source: blog.buysellshortcover.com/finding-reversal-opportunities-in-beaten-down-stocks-moh-hurn-hcpl-fl-din-bgs-03-25-2017/?src=tradingview
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