HLF 0.00% 0.7¢ halo food co. limited

We are pretty much in a textbook falling wedge pattern surely...

  1. 546 Posts.
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    We are pretty much in a textbook falling wedge pattern surely close to (if not already at) the bottom of it. I think we are within a few cents, 15c would be the bottom depending on how you draw the lines. Profit target is the wedge height break, so to maybe around 60c, purely from a chart perspective. Keep an eye on the volume this week or next, if we can get above 23c on good volume and it starts to ramp up it could be a good time to top up and average out for a run up.

    Also I am no chart expert just IMO only, but is feeling pretty bottomy. Is that a word?

    https://hotcopper.com.au/data/attachments/3064/3064251-ff2f49e5ab91db0e218ee99c19835ad7.jpg

    Last edited by aaronjamesy: 05/04/21
 
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