@pipninja I also believe a bullish pennant formation is in shape and breakout can occur anytime soon. Pennant is a short-term continuation pattern that marks a small consolidation before the previous move resumes. These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a midpoint of the move. You could have the same feeling once see the drawing below:
At the end of breakout, a 37 cents rise should be expected, which means SP = circa $1.05!
- Forums
- ASX - By Stock
- HLF
- KTD chart
KTD chart, page-13
-
-
- There are more pages in this discussion • 882 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Add HLF (ASX) to my watchlist
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.805M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
HLF (ASX) Chart |
Day chart unavailable