Sellers are trying but price is holding and ready to continue higher

Potential Buy Entry Alert to Watch HM1

Time Frame : Daily

Sector : Diversified Financials/Financial Services

Key Stats : $566 Million Market Cap, VWAP 2.841, ASX Ranking 328, 4 Week Av Turnover $626,750, Current Turnover (Intraday as at time of alert) $479,985.

Company Overview : Hearts and Minds Investments Limited (HM1) is an Listed Investment Company. The Company is newly incorporated which provides Shareholders with the opportunity to invest in a listed investment company with the objectives of a] Provide a concentrated Portfolio of the highest conviction ideas from leading Fund Managers and b] Support leading Australian medical research institutes.

Broker Consensus : Not covered by a major broker

HM1 – Hearts and Minds

HM1 came onto the exchange in Nov 2018 and held up well under the overall market pressure through December. Since then, price has been holding higher lows on its way up so we are looking for this to continue. Watching now for 2.78 to hold and price kick up to build the higher low below 2.95 for the buy entry setup.

Stock Code : HM1 – Hearts and Minds

Company Website : www.heartsandmindsinvestments.com.au

Current Price : 2.84

Status : On watch for potential higher low