mputa 1--what incremental value?, page-17

If oil tanks and they find no more oil. then yes hdr could be worth 90c even less. But as long as oil stays about $50 a barrel and they have a tie to ching. Then it cant get much lower. The long term price of hdr has nothing to do with a chart rather how much money they make. If they are making $200m a yr for the next 20 yrs then it cant get lower than $2. Even with a strong sell signal on the charts (assuming IR are not too much higher)

As you are not a long term holder, i am assuming you will not hold hdr next week. As foucon results should be a week away. The chart cannot predict the result. And you cannot deny that the stock will trade that day and a few following according the result. If they find oil it will rise. Its as simple as that. You can draw as many lines and curves and use any program u like. The stock will move according to the well.