HIO 8.33% 2.2¢ hawsons iron ltd

Are we witnessing the last of the cheap shares before we blow...

  1. 8,005 Posts.
    lightbulb Created with Sketch. 576
    Are we witnessing the last of the cheap shares before we blow away monster 5.4/6.0 resistance, or are we about to get steamrolled by a capital raise at 3.0 cents , ala MGT??

    It looks like a very nice cup and handle formation , one of the most reliable Bullish chart formations, but I can't see the catalyst for a break of 6.0, and already it is heading towards Mid Jan and the silence is real
 
watchlist Created with Sketch. Add HIO (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.002(8.33%)
Mkt cap ! $22.36M
Open High Low Value Volume
2.4¢ 2.4¢ 2.2¢ $116.9K 5.222M

Buyers (Bids)

No. Vol. Price($)
2 27852 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 43478 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
HIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.