Key arguments supporting the idea
- Investment banking activity resurgence powers big banks.
- A wave of surprisingly good earnings reports may take the shareholders
on a ride.
- Technical support highlights positive risk balance.
Investment thesis
Houlihan Lokey, Inc. (NYSE: HLI) is a global investment bank with expertise in
mergers and acquisitions,...
Houlihan Lokey, Inc. engages in the provision of investment banking services. It operates through the following segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory. The Corporate Finance segment provides general financial advisory services in addition to advice on mergers and acquisitions and capital markets offering. The...
Based on historical movement, the peak could occur anywhere in the larger red box. The final targets are in the green boxes. The pending bottom should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated SELL on September 24, 2021 with a closing price of...
* Exceptional earnings year over year
* Very strong up trend since inception
* Broke out of a month long consolidation with 72.99% more volume than average
* Under very tight accumulation for the past 5 weeks
* Pays out dividends with a Payout ratio of 26.70%. This means the company has a lot more room to grow and possibly increase dividends as well.
Trade...
Investopedia defines the Heiken Ashi (HA) as:
Heikin-Ashi, also sometimes spelled Heiken-Ashi, means "average bar" in Japanese. The Heikin-Ashi technique can be used in conjunction with candlestick charts when trading securities to spot market trends and predict future prices. It's useful for making candlestick charts more readable and trends easier to analyze....
Houlihan Lokey
Houlihan Lokey, Inc. is an investment bank that focuses on mergers and acquisitions, financings, financial restructurings and financial advisory services. It operates primarily in the United States, Europe, Asia and Australia. Houlihan Lokey, Inc. is headquartered in LOS ANGELES, United States.
Analysis/Commentary
Really strong EPS and Sales...
Here is another interesting pick. In the case of HLI, 4 of my algorithms signaled a BUY on April 16, 2021. Equities nearly always obey the signal and move up, but sometimes it may continue to move down first. We are not quite past the point of the stock charting a permanent course higher as I have laid out, but it is off to a good start.
I have placed two red...
After a couple of false starts, HLI finally broke out from it's consolidation pattern (Inverse H&S Continuation) and has come back to the scene of the crime. It is also getting support from the 20-day EMA and printed a really nice reversal candle on heavy volume. I took this trade and placed my stop below the low of the day.
