Also looking at the weekly chart you can see that the downside momentum has stopped and it is now building a flag formation that if broken through topside 6c+ should give a sharp rerating move. RSI is just verging on breaking 50 level like it did in early 2023 that saw it shoot to 11c. MACD has given a buy signal and just need a little bit of news and this should be away, so anyone looking to average down from a much higher level should keep a close eye on it
HE8 Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
