Small Cap Financial Triggers Weekly Flag Breakout
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.