Hamak Strategy Price: HAMA Enters Correction Phase, Poised to Form a Pivot

PUBLISHED: Oct 11 2025 @ 08:52 | Comments (0) | More info about Azeez Mustapha

Bulls in Hamak Strategy Limited (LSE:HAMA) have shown resilience despite recent pullbacks, maintaining moderate control over price direction. Meanwhile, bears are attempting to capitalize on exhaustion signals, creating a temporary correction phase that may establish a new pivot for the next directional breakout.

Meanwhile, bears are attempting to exploit emerging exhaustion signals, triggering a short-term correction phase. This ongoing tussle between buying and selling forces may eventually form a pivotal zone, from which the next decisive breakout or trend continuation could emerge, defining HAMA’s medium-term outlook.

Resistance Levels: 4, 5, 6
Support Levels: 1.5, 1, 0.5

Can the 15-Day EMA Signal Confirm HAMA’s Correction Phase Before a Bullish Rebound?

The 15-day EMA signal can help confirm HAMA’s correction phase. If the price holds above this moving average, it may indicate strong underlying momentum, suggesting that bulls could soon reclaim dominance and initiate a potential bullish rebound from the pivot zone.

Being as it is, the trend line of the 15-day EMA has intercepted the 50-day EMA to the downside. A smaller bullish candlestick is currently forming, while the Stochastic Oscillators reside in the oversold region, showing signs of reshaping. This setup suggests that downward momentum may soon fade, potentially paving the way for a short-term recovery attempt in the sessions ahead.

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