HIO 4.76% 2.0¢ hawsons iron ltd

Hi GC!On the hourly chart it looks like VCP is forming albeit...

  1. 5,540 Posts.
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    Hi GC!

    On the hourly chart it looks like VCP is forming albeit for 2-3 days now, but because compound momentum hasn't formed yet in the daily time frame, SP will find resistance at the 62%. Would like to see some VCP on daily time frame ideally

    Similar thing happening with SPQ (further down price cycle wise) and SYA (just met 62% resistance at 28.5c)

    https://hotcopper.com.au/data/attachments/4600/4600274-bfee49ce1db3e032504443547564182a.jpg
    https://hotcopper.com.au/data/attachments/4600/4600277-676a2910b5946f351bede541fc0235e2.jpg
    https://hotcopper.com.au/data/attachments/4600/4600280-f42f9db8870dc495e8bd42fba1307756.jpg



 
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