HDY is due for a massive bounce to a target range of 4 cents based on the chart.
Notice
(1) the oversold conditions on the RSI. (below 50)
(2) the squeezing bollinger bands (large move is due)
(3) the consolidation pattern at 0.007 to 0.008 cents
(4) the MACD is has now crossed into positive territory
(5) Cashed up
(6) Drilling ready to start
(7) Dry season drawing to a close so drilling could start at anytime
(8) Technically and fundamentally this must rise from here
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morning traders 26 / 2, page-48
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