Weekly chart, showing potential base being formed which could take multiple weeks to play out. Needs time or a very strong catalyst to push up and break out of this Bearish channel. Trading at 40% below most recent cap raise is weak as piss. Weekly RSI hugging over sold territory but could stay their for some time. If 4.3 breaks, next stop likely 3.3. Until we start seeing higher lows get printed further downside risk is very likely. Management need to pull their finger out and dig this puppy out of this GIANT hole.
HIO Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
