HIO
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4.55% 2.3¢ hawsons iron ltd

Price and Chart HIO, page-687

  1. myleogb
    5,540 Posts.
    lightbulb Created with Sketch. 793
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    03/03/22
    10:50
    Post #: 59948349
    @That Fundamental Guy - we also have to consider what if 21c becomes a strong resistance .. in that scenario, it's likely that ABC correction mentioned previously will play out in full.

    In an ABC correction, C wave is akin to wave 3 in an uptrend, it wipes out the weak hands.
    Last edited by myleogb: 03/03/22
    HIO Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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