HZR 2.94% 33.0¢ hazer group limited

Price action, page-2493

  1. 1,996 Posts.
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    https://hotcopper.com.au/data/attachments/3046/3046874-f660a3c1545f848c2a6d2f07c4709ae8.jpg

    Weekly chart

    20 weeks EMA has broken today. It's 100% heading down to 30 weeks EMA and 10 months EMA (87c to 98c range) to find support in short term

    OBV has dropped to the lowest level since SP started to rise 6 months ago. Low OBV means there's big outflow of smart money.

    MACD is crossing down from history high. Very bearish long term look. See the big & long green candles period - You should expect a similar red period of 5-6 months. The DIF and DEA should fall back to between 0 and 0.07 so there's still a long way to go.

    By looking at the weekly chart and monthly chart combined, 68c - 78c would be the solid long term base for this stock.

    DYOR.
    Last edited by dsaz8701: 29/03/21
 
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