HILL International UpdateHILL Intl. is one of the largest construction management firms in the US. Guess whats coming in October - infrastructure bill. Will it happen? I think so.
HILL Intl. should be a recipient of some this cash (hopefully). See previous post.
Side note: it has done absolutely nothing since I added it. Could have placed in much better places but whatever. Holding until it pops.
HIL
HIL - C & H BULLISH FORMATIONCMP 2412
Long suggested ONLY ABOVE 2470.
STOP 2290
(Position sizing for a Rs 1 lac capital at 2% risk appetite:
11 stocks )
Target Open
Logic:
Weekly chart
Cup and Handle formation observed in Weekly chart.
HIL BounceHIL is nearing support and despite a mixed market day and larger than typical volume day for HIL, it showed to hold at support. Chances are for the stock to test upward resistance.
