HGO 2.38% 8.2¢ hillgrove resources limited

HGO - Chart, page-202

  1. 126 Posts.
    lightbulb Created with Sketch. 23
    @VYR, reply is not working again for me


    don't think it was a dud prediction, what my last post said was:

    "Speaking of, daily showing oversold, 43EMA (74) has broken south to 73 on volume, 100dEMA is 72, 200dEMA is 69. The last 1/2 hour saw a big selloff of >3m shares.
    HGO SP likely to test 100 or 200 dEMA's but it could also bounce off the descending trend line that it stopped on today. MACD looking unhealthy also. So my bets ATM are 100/200 dEMA 72, 69 or lower support 67.
    "

    So to be clear, my statement is the last para highlighted in the quote above.

    An $80 savings pays my monthly internet bill. What's not to like?

    "Whilst I don't mind being out of balance if the valuations say that's a good thing I've been selling a few on the highs to balance my portfolio as my other stock has fallen into a much bigger undervalued position IMO. Hopefully it will jump big before HGO hits 6.7c and I will be able to make a killing when I'm forced to swap back to rebalance my portfolio. "

    And why not indeed? You have to take advantage sometimes, otherwise why are we here? The funny thing is psychologically (as a trader) for whatever reason we sell our performers and hold/buy our losers. Sometimes you just have to say goodbye to unhealthy relationships - not advising any selling, just considering psychology of trading.

    I thought you could trade a self managed SF? It depends how you set it up. Your accountant might be able to advise appropriately.

    67? Some have firm opinions that charts gives probabilities, I try to by mindful of the possibilities in with that. Anything I say re charting is only intended as possibility. I will never try to state a probability or time frame as it's too hard to get right. Have to admit that I have a little fist pump when I get it right and reflect to understand when it's wrong.

    On the flip side of my 67 possibility, I've never shared my up side possibilities. I'm not all doom and gloom. Here we go (look to the blue. I will never give advise but am happy to share my thoughts so; no one should take anything I say any other way than as my thoughts only.)

    Note: This is a view of my charts I do not normally share - not sure why yet.

    https://hotcopper.com.au/data/attachments/6160/6160908-dd1e1f424e8bb3100a2a85c0ec2a3032.jpg


 
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(20min delay)
Last
8.2¢
Change
-0.002(2.38%)
Mkt cap ! $171.6M
Open High Low Value Volume
8.2¢ 8.2¢ 8.0¢ $438.5K 5.395M

Buyers (Bids)

No. Vol. Price($)
6 825696 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 148933 4
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
8.2¢
  Change
-0.002 ( 1.20 %)
Open High Low Volume
8.3¢ 8.3¢ 8.0¢ 1662882
Last updated 15.13pm 24/05/2024 ?
HGO (ASX) Chart
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