PA,
Thanks mate.
Yeh 3.60 would be nice.
Usually when stocks breakout they fall back to test the upper range from which they break out from, and this is around the 3.60 mark.
But, if the SP falls back into the trading range i'd be cautious, but i cant see that happening.
Also, with strong breakouts the price continues up without a retest of the upper range, this may be a possibility with HVN. It was such a strong breakout, the pullback may not reach the 3.60 mark, hence my caution against shorting the stock.
sizing up a long trade, page-25
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Last
$4.99 |
Change
0.040(0.81%) |
Mkt cap ! $6.217B | |||
| Open | High | Low | Value | Volume |
| $4.93 | $5.00 | $4.92 | $4.664M | 938.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3687 | $4.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.99 | 105 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| HVN (ASX) Chart |