HGO
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2.22% 6.9¢ hillgrove resources limited

Hi Allee,I finally found time to try and understand what...

  1. VYR
    4,468 Posts.
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    28/02/24
    09:55
    Post #: 72636563
    Hi Allee,

    I finally found time to try and understand what Repetitive Strain Injury had to do with HGO being over sold.

    Once I figured it was about, sheep following the leader, I easily tracked down Relative Response Index- The speed and magnitude of share price changes. I'm pleased to refer once again to HGO not being alone in the price drops since the 9c high in December. It seems the whole sector has been caught speeding and changing at similar rates.


    Now oversold, RSI at 20. Let's see how low it can go.
    https://hotcopper.com.au/data/attachments/5993/5993078-e4b41f12673546d25c38629164939efd.jpg
    https://hotcopper.com.au/data/attachments/5993/5993100-7eed889e3c6ce656b998a72710ebaa6a.jpg

    HGO Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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