The action is looking heavy as sellers holding price down

Potential Sell Entry Alert to Watch HSN

Time Frame : Daily/Weekly

Sector : Software and Services/technology

Key Stats : $669.98 Million Market Cap, VWAP 3.423, ASX Ranking 298, 4 Week Av Turnover $379,866, Current Turnover (Intraday as at time of alert) $348,215, PE 23.0, Div Yield 1.77%.

Company Overview : Hansen Technologies Limited (HSN) is involved in the development, integration and support of billing systems software for the utilities, energy, pay-TV and telecommunications sectors. Other activities undertaken by the Group include IT outsourcing services and the development of other specific software applications. HSN has offices in Australia, USA, New Zealand, China, Denmark, Germany, Argentina, Brazil, South Africa, Norway, Finland, Netherlands, Sweden, Switzerland and UK servicing customers in over 80 countries around the world.

Broker Consensus : BUY/HOLD

HSN – Hansen Technologies Limited

HSN finding continued selling pressure after falling from highs around 4.75. We are selling the potential for selling pressure to increase as price holds below 3.80. Watching now for a lower high to bring in further sellers to kick off the action

Stock Code : HSN – Hansen Technologies Limited

Company Website : www.hsntech.com

Current Price : 3.42

Status : On watch for potential lower high and Sell opportunity