Today's announcement of mining approval and mobilization at Phillip's Find seems to have put a floor under price, so I think it limits the range of a pullback somewhat after the breakout on the previous announcement. It is new information and positively changes the data interpretation
If we look at the current buying and selling depth in the figure below, its clear the buyers are in charge. There is a small comparative resistance about the double top previously posted. Not much on offer, so supply and scarcity will do its thing. Further continuous marketing, such as photos of operations will further limit the demand resistance. Accumulate if you can. The last announcement changed the data set.
The parabolic trend is in play.
HRZ Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
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