Saw the fall of HDR at around noon today.
All I can say is technically it looks weak and very volatile, be prepared to see it get sent down it might open at 1.78 then rebound back to $2.00 from there who knows, but its beautiful trend line is broken like a twig, and it will be a miracle to see it settle down and keep going up.
If anything I'd say if it does break $2.00 say in the $2.15- $2.20 region this would be the best time to sell up and wait for it to form a trend be it a slow recovery or a sick descent to $1.50.
I personally think the sells are being done by an insto not wanting the exposure to the latest happenings. The selling was constant and large.
Good luck HDR holders, I hope it works out for you, but don't forget there is such a thing called proft taking and another thing called stop loss.
HDR
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