HGO - Chart, page-411

It's pretty much just explaining Weinsteins stages of a stock. HGO has been in stage 1 for 8 years, nothing to say it can't stay here for another 8 years either assuming it doesn't go bust. It was looking a bit interesting in the area I circled showing some signs it was getting ready to breakout which is why I bought it but it's failed now.



Of course it can just rip higher but more likely it will need a lot of time to reshape and be re-accumulated, the market just doesn't buy the story here for some reason or another