HMSO 4.3× Volume Validates the New High
Hammerson plc LSE_DLY:HMSO
Another strong breakout here from Hammerson. The consolidation around the key level near 370p is worth understanding, because while traders and profit takers are reducing their positions at the top of the range, they're feeding the voracious order book of any large institutions trying to build up theirs. A 3.6% move into clean air makes a new 52 week high, with 4.3 times the average traded volume, a significant amount of effort behind that move.