My first post ever on HC (Yay). I'm an idiot with a big fat loss on my portfolio, so you should probably ignore everything I say, but here's my take on recent action.
Breaking out of long term and short term trends with strong volume, had a good rally. Short retracement off resistance (3.00) and now a strong bounce off the 38.2% fib. Stochs and MACD look neutral. Cross on the 20+50SMA.
Strong short term buy. Hopefully we can break through 3.00 with this bounce. If we can't, then the double top may not look very good.
Someone tell me whether I'm doing it right. =P
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