HST 0.00% 16.0¢ hastie group limited

good value?, page-31

  1. 13,363 Posts.
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    You may have a wait tdl.

    It may be notable that HST has only recently broken through 200 day MA resistance on the weekly chart. The last time this occurred was in July 2006. With a strong turn occurring the W/E July 17th after support was tested and confirmed.

    If the market keeps going as it is, then I would be expecting HST to break the resistance at 1.65 and then to test 1.80. If that breaks 2.20 is the next test.

    Judging by the steady volume over the last couple of months this seems very possible, if not likely.

    If the market tanks (as some are indicating) then you possibly could get your wish.

    Fundamentally HST offers so much, including good F/F dividends.

    IMO we will at least see around $2.00 short term.
 
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Currently unlisted public company.

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