I’m all for listening to all view points and I see value in charting as a tool on a few different levels. I get a little sus when chartists drop in on a stock thread on HC and make calls on a stock without any appreciation of where the company sits fundamentally. Great for short term trades but most are here because we see the company mis priced when compared to the pricing of the underlying commodity.
We have a large auction in about two weeks time which is shaping as a windfall for the company. The SP has had a great run and a short term retrace was always possible. When a chartist with a HC heart makes a “call” there are some holders who listen.
I remain bullish and feel the company remains well placed for success.
ATP Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
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