HFR 1.79% 27.5¢ highfield resources limited

Going up....

  1. 4,958 Posts.
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    Glad Iam set here (averaging down for a while now) as it's near impossible now to get any size since the Vaguard ETF have finished doing their dirty work.

    Technicals look VERY encouraging after the initial push higher last week to $0.63, followed by the re-test of support at $0.56 and now lift off once more.

    All indicators are pointing north, with the MACD heading to the 0 control line, RSI trending higher and some way from over bought territory and the stochastics with room to move higher still from here.

    Next stop looks like the 200 day MA at $0.73, which also lines up with the Fibonacci retracement lines. Looking at some resistance at the $0.69 level before the next push.

    HFR.jpg
 
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Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
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