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Small Cap Financial Triggers Weekly Flag Breakout

Small Cap Financial Triggers Weekly Flag Breakout

by | Aug 9, 2021 | Chart SetUps

Hamilton Lane (HLNE) a long-time favorite small cap Financial triggering a big weekly flag breakout to start the week, riding the 21-week moving average higher (closing basis) for weeks now with MACD ready to cross bullish. The breakout move should target a run up to around $110. The $4.77B company trades 30.6X Earnings with a 1.5% yield and EPS seen rising  9.5% this year. HLNE has been winning key strategic deals and has secular tailwinds with the alternative management industry.