Firstly, I do not know a lot about reading the tea leaves in the charts - but accept that it has it merits and am not down playing the role of technical analysis.
Secondly, I accept that it is likely to take something fundamental to kickstart a reversal of momentum and a break out of the trading channel HIO has been in over the last year.
However, it feels like if there is something fundamental announced, such as a meaningful process improvement, byproduct viability or JV partner (which are all possible between now and the end of the year) that both the fundamentals and the technical analysis could both align nicely.
I'm interested in the thoughts of others who do rely significantly on the charts.
HIO Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
