HIO 4.35% 2.4¢ hawsons iron ltd

I thought I would share some interesting price action on HIO,...

  1. 112 Posts.
    lightbulb Created with Sketch. 30
    I thought I would share some interesting price action on HIO, (Monthly Chart) focusing on the Bear cycle of the stock. If History is repeating or Rhyming, Its ready to begin making a move. Biggest difference so far is how quick this decline has been compared to 2010 - 2015 Bear run. Of course Shares on issue, (Market Cap) from then to now all needs to be considered. The bounce in 2015 was approx 600% only then to find a new low before building to all time highs 14 months ago.
    Take what you want from this.
    https://hotcopper.com.au/data/attachments/5330/5330326-d4c7d80ab7bf403dc60aba7c70f9d57b.jpg
 
watchlist Created with Sketch. Add HIO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.