I just L.O.V.E. the symetry of this Logarithmic chart.
At first it is hard to recognise that this is a weekly chart of HHR on a logarithmic scale going back to its original IPO. But the 4 parallel downward lines have proven to be excellnt points of support and resistance , (see where the yellow dots intersect the lines with the chart). I have also added some cross cutting parallel lines as well since they seem to act as good pivot points as well.
Suffice it to say, I think we are breabing into the pink shaded quadrant now as we break out of a 10 year down trend and aim for the initial target of 6.1c in the next month or two.
HHR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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