Good long term buy in H&M

Technical: The support resistance is getting testing at 170 and the bottoms are consistently getting higher. H&M is a good long term hold in an increasing trend. Once it breaks out above 170 it will reach higher levels.

Fundamental: H&M digital turn-around and finacial reports shows signs of improving into an omni channel future with ecommerce in place. The investsments made are now starting to show.

Disclaimer