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HLNE
Benzinga
7 hrs

Why Hamilton Lane's Correction Isn't Over Yet

1. HLNE is in Phase 11 of its Adhishthana cycle, indicating a downward trend. 2. Stock peaked at $203.72 but is currently correcting towards its breakout level. 3. Further downside may occur before stability and new opportunities arise. 4. Patience is advised for investors during the ongoing descent leg. 5. Phase 12 may present new entry points once the stock stabilizes.

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FAQ

Why Bearish?

HLNE's current descent leg indicates ongoing price correction, similar to past cycles.

How important is it?

The article outlines current trends and potential risks affecting HLNE's price stability.

Why Short Term?

The ongoing correction phase likely affects price in the immediate future.

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