HYD 0.00% 1.4¢ hydrix limited

Observing today’s chart. It appears to be a triple top at 24. Or...

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    Observing today’s chart.

    It appears to be a triple top at 24.
    Or is a pennant on the form? Depends if the sp consolidates above 20.0/20.5. (the new support area after the recent breakout)

    A few overbought indicators atm [rsi, stochastics, rate of change], but the others are ok.

    There’s also support around the general vicinity of 17.5 (& 15.5 gap level) IMO.

    But a break of 24 would be fine to end the week tomorrow.
    Perhaps even if it holds up, so that any retracement is kept to a minimum before the possibility of a new weekly high next week.

    All just opinion anyway.


    Best regards for tomorrow punters!
 
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