HGV 11.1% 4.0¢ hygrovest limited

Pre-Tax NTA, page-66

  1. 6,900 Posts.
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    @amb005

    "Ive got an order in there right now at .44, hope to get done today on close or before."

    @amb005 thanks for dismissing my TA but well done on your Technical analysis and in buying nearly 18 months ago for a near 50% loss.

    Here is the chart you requested - Ive used the weekly chart as it highlights clearly buy zones. (which yours wasnt one) Referring to the daily chart offers greater probability of an upward break.

    The trading range of the recently formed symetrical triangle has probabilities of an upside break, but confirmation shouldnt be too far away. You cant just make up "triangles' (as you put it) willy nilly.

    This may offer a reasonable trade opportunity, however to have entered last January when MMJ was in the midst of a longer term downtrend wasnt the wisest of TA moves.

    I hope some of you others may benefit, and good luck.

    MMJ Weekly.tmp.gif
 
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Last
4.0¢
Change
-0.005(11.1%)
Mkt cap ! $8.412M
Open High Low Value Volume
4.0¢ 4.0¢ 4.0¢ $556 13.89K

Buyers (Bids)

No. Vol. Price($)
2 96682 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 10000 1
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Last trade - 14.36pm 16/08/2024 (20 minute delay) ?
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