Price on HMST is currently hitting the lower level of the up channel
This is a good candidate for a reversal point.
This is also supported b the cross on the MACD on this Weekly timeframe
Bullish
Homestreet has been very active in the past month, announcing the sale of a loans section and the acquisition of a competitor mic that with the announcement of a share repurchase program it has caught our interest. On 05/04/19 the stock had a 450% increase in average volume.
HMST: HomeStreet, Inc.
2019-04-04 16:43:00
HomeStreet Announces Sale of Home Loan Center-Based Mortgage Origination Business, Sale of Mortgage Servicing Rights, and Share Repurchase Program - Business Wire
