Absolutely awesome looking chart for HRZ today:
After reverse head and shoulders breakout, AMAZINGLY it fell back and touched the support line from that RHS structure at 4.9c (who could have guessed that happening... certainly not me). Since doing that, we can see the downward sloping, squeezing bull flag having formed, which had a proper breakout yesterday, with today continuing it's upward move and closing at 6.7c.
Once again we are above the quite annoying 6.4c resistance line - will SP stay above it?! In all likelihood, it should.
Looking forward to a few solid days where we rip through 7c range and towards 10c+.
Having looked at a monthly chart of HRZ, and noting few times where SP had re-rated into big moves (see chart below - blue arrows), I had added a copy of those moves - dashed lines - to our recent low of 4.9c with both projecting 30c. Please note that the most aggressive incline projection is pointing towards April 2026 - just one year.
If it happened before, it can happen again.
Cheers.
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