HYD 0.00% 1.2¢ hydrix limited

bounced and going to 10c +, page-94

  1. 6,565 Posts.
    lightbulb Created with Sketch. 150
    If the long term prospects of this company are good then the SP will recovery in the long term.....Biotech are roller coaster rides...

    In the short to medium term the charts are not looking favourable and are indicating a sell...this has been brought on by a breaking of the support level at 7.9cents...recovery back to 8.3 may see a shift an otherwise negative sentiment......if it doesnt recover back to 8cents and confidence is not restored but eroded IMO it will drop quickly below 7cents as there is an orderly rush for the exit for that group of traders who want to maintain their capital....
 
watchlist Created with Sketch. Add HYD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.