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.
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Someone tell me whether I'm doing it right. =P
My first post ever on HC (Yay). I'm an idiot with a big fat loss...
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