HIO 3.13% 3.1¢ hawsons iron ltd

85c is very much on the cards today... you can see the bull...

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    85c is very much on the cards today... you can see the bull pennant breakout is closing in on the 1.618 Fibonacci extension and the other interesting thing I've highlighted is that the top of the Bollinger Band is now touching 85c as well.

    Throughout this uptrend the price has followed the upper band so if we assume the price is going to hit the top of that band there is good confluence with the historical behaviour of the price in this uptrend and this 1.618 (85c) target in the next few bars (3-4pm) or tomorrow morning.

    https://hotcopper.com.au/data/attachments/4308/4308376-851e54e8a5cbbebe871992c5a359ec41.jpg
 
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