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Huntsman (HUN) Bull Flag Forming with Activist Pressure in Focus

Huntsman (HUN) Bull Flag Forming with Activist Pressure in Focus

by | Mar 23, 2022 | Chart SetUps

Huntsman (HUN) nice bull flag setting up above its 8-EMA and just under recent highs with a potential breakout continuing a nice longer-term trend. Momentum starting to inflect higher and the measured target on a breakout is around $47-$48. HUN has been an activist situation with Starboard pushing for four directors added to the board.