HCT 0.00% 1.0¢ holista colltech limited

HCT CHART upward indication

  1. 2,710 Posts.
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    So analyzing the HCT daily chart yesterday we saw the close just above the 50% level of the days range. That's positive
    Today we are currently seeing an inside bar formation. That's positive
    If today's bar closes above yesterdays high another positive but if it doesnt IMO the upward trend will continue tomorrow.
    The two day pull back saw the retracement on small volume which is also positive
    On the 1 hour chart the share price retraced back to the 2nd speed angle and has track that angle since the 6th April. Another positive
    Although we say today start with a bit of small selling volume the buyers have now taken control IMO and are paying up for their shares.

    To me what I am seeing in the chart is we are certainly heading up and as indicated before the chart formation is almost identicle to znos just before zno shot up to $2-45c

    I am very confident we will see some increased buying and higher share price in HCT and head up to new highs and hit 34c very soon.

    https://hotcopper.com.au/data/attachments/2113/2113066-d45028df1c9b6d33caddcd1743285dd4.jpg



    https://hotcopper.com.au/data/attachments/2113/2113061-937cfa8f6a6d216b802b54ed5796cd02.jpg
 
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