Had a crack at the $1.90 yesterday but encountered some selling/distribution.
This is not surprising as the general market was weak.
Unless the stock is really in demand on the breakout day then a breakout won't work/follow through when the general market is weak.
This is not to say HFR is not a strong stock/in demand, it probably just needs more time in the pattern for the sellers to dry up.
Look for some very low volume days with little price movement to signal this.
Mr Price
HFR Chart, page-3
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.5M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 31.0¢ | $16.28K | 51.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75448 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 12905 | 3 |
View Market Depth
| Last trade - 14.06pm 12/07/2024 (20 minute delay) ? |
| HFR (ASX) Chart |