HMX 0.00% 3.9¢ hammer metals limited

HMX no doubt getting a push along from CNB but the stock turned...

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    HMX no doubt getting a push along from CNB but the stock turned bullish a couple of weeks ago and confirmed on Friday with a close above a long term downtrend... now we have MACD golden cross, RSI bottoming out and back in the bullish control zone and a break of the weekly price downtrend that has been in place for almost a year with a gap up this morning.

    Easily enough TA momentum here to get back to the 50% retracement (circa 8.8c) and then a test to see how strong this rebound is:

    https://hotcopper.com.au/data/attachments/3990/3990999-be165bb4a08b97dbfaa41e170739d74e.jpg



    Last edited by refresher: 17/01/22
 
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