I tend to agree with Chicken Bum, this stock was giving strong buys signals around 1.70 and has struggled again at 2.10. Traders will be taking profits on after seeing 2.10 fail but it has still held so people arent selling aggressively. If the stock falls below 1.95 expect it to fall lower as this is a level traders who bought in around 1.70 will lock in garaunteed profit. At the moment they have money in the bank and are gambling with 10 cents that it may break the 2.10 resistance. I wouldnt imgaine it going below 1.83 however. I am not sure why TA gets attacked so often. It is only showing price action and physcology of the market (made of of TA and FA views)
- Forums
- ASX - By Stock
- great shorting time if 2.10 fails **************
HDR
hardman resources limited
I tend to agree with Chicken Bum, this stock was giving strong...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HDR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online