Q: Hammond Power stock seems to have breached the $89 support level Today.
You don't like negative momentum.
Should we sell before losing more money as it looks like that tariff jitters are not going away for a while and next we could see a drop in the backlog, taking the stock a further leg down.
Thank You
You don't like negative momentum.
Should we sell before losing more money as it looks like that tariff jitters are not going away for a while and next we could see a drop in the backlog, taking the stock a further leg down.
Thank You
5i Research Answer:
We would be reluctant to sell into this decline, with is partly fear on tariffs which are not...