US Stock In Play: $HMHC (Houghton Mifflin Hardcourt Company)like the bullish hammer reversal on trendline support. looking to add at break of a 3 weeks sideway consolidation pattern
HMHC
US Stock In Play: $HMHC (Houghton Mifflin Hardcourt Company)classic darvas box setup, multi week range bound since Q2 earnings. Q3 earnings next week.
$HMHC Has Rock Solid Support At $4.50The trend looks to be turning finally for $HMHC. Traders can look to go LONG with a stop under $4.50 a share.
Houghton Mifflin Harcourt Company, a learning company, provides curriculum, supplemental, and intervention solutions; and professional learning services worldwide. The company operates in two segments, Education and Trade Publishing. The Education segment provides educational products, technology platforms, and services, including print and digital content in the form of textbooks, digital courseware, instructional aids, educational assessment, and intervention solutions for students. The Trade Publishing segment primarily develops, markets, and sells consumer books in print and digital formats, as well as licenses book rights to other publishers and electronic businesses; and trade and reference materials, such as adult and children’s fiction and non-fiction books to schools, colleges, libraries, office supply distributors, and other businesses. This segment distributes products through retail stores comprising physical and online, and wholesalers. The company was formerly known as HMH Holdings (Delaware), Inc. and changed its name to Houghton Mifflin Harcourt Company in October 2013. Houghton Mifflin Harcourt Company was founded in 1832 and is headquartered in Boston, Massachusetts.
As always, trade with caution and use protective stops.
Good luck to all!
