HZN 2.70% 18.0¢ horizon oil limited

chart holding nicely for now, page-21

  1. 251 Posts.

    fourdollars,

    All respect to your analysis. I have been and am a big fan of HZN over the last few years. I have made descent money purely on technicals of the stock. As per my previous post all my analysis is based on the technicals and knowledge of fundementals of the company to me is... I have to say not the best.

    But There might be people that like to trade technicals (like myself) and therefore find these charts and comments valuable. If all was to be proven right what you have stated about the production, I am sure the SP would be much greater but from my perpesective I would not enter the stock at this point of time unless it broke through 0.48c resistance level.. as to who I am, a short to medium term trader i do have to look at the charts and analyse them properly. For someone like you, who is looking more into fundementals of the company, and long term investment, you would not be so concerned of your entry and exit points.

    I can see lot of patterns, trend, price levels in the past that have reapeted over time and therefore give great indication of making lot of money on a stock like HZN.

    At the end of the day, we are all here for one reason and that is to make money. Regardless what we believe in, if it can provide us what we looking for than we are alo succesfull in one way or another. I like your post and its good to have discussions like these, as everyone can gain something out of it whther it is a positive or negative thing.....

    Regards
    Kizo
 
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Last
18.0¢
Change
-0.005(2.70%)
Mkt cap ! $292.5M
Open High Low Value Volume
18.0¢ 18.5¢ 18.0¢ $17.52K 96.57K

Buyers (Bids)

No. Vol. Price($)
49 1642142 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 300495 5
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
HZN (ASX) Chart
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