I agree that the charts indicate that it may be too early to be...

First 7427 Last

Share
Profile

Follow
vein1

1,027 Posts.

346

11/10/24

18:30

Post #: 76086776
Share

Originally posted by f100keptin: ↑

TFG, I've been using charts "significantly" for trading/investing over the last almost 50 years now (sadly yes, I'm that old) , and I nearly always use TA and FA together to make a move in or out.. I find the visuals and my track record of the TA a great help and the tea leaves have kept me in or out to my advantage many many times.
However--the HIO charts now are completely and utterly meaningless with the microscopic volumes traded--imo unless we are seeing a minimum 20 to 30 million shares traded a week the best thing to do with your tea leaves is tip them into your pot-plants--you'll get a better and faster result..

I went to the "keep the dream alive " special General Meeting in Brisbane a couple of months ago. I can only hope the new blood on the board which seems to have a better mining( i.e.-Real Mining)pedigree than the previous team - are actually still committed to starting a mine at some level , as they said.
The recent Broken Hill radio interview with Tom --the link is here on HC somewhere--seemed a lot more honest-from memory, he mentioned 2029!!!! as the year of first production--still more real in hindsight than the mid 2024 production "schedule " produced by BG and crew..

Unless there's some substantial , believable, achievable announcements at next months AGM then I'm afraid I will become even more cynical--and looking back over the years of playing in the markets--if I had been a lot more cynical a lot more often with penny stocks, I would have made a lot more money .....

So I wont be bothering to check on HIO at all until that meeting , unless there's some big unexplained moves (volume!!) in the meantime.
Cheers

Expand

I agree that the charts indicate that it may be too early to be interested in buying into HIO at present.

HIO Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

HAS

Yangibana 33% complete says Hastings, as it provides clarification on funding

BIO

Biome reaches intellectual property milestone in strain development program

RCE

Recce scores $6.75M R&D rebate

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

There are more pages in this discussion • 14 more messages in this thread...

First 7427 Last

Add HIO (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $20.33M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$14.60K	730.3K

Buyers (Bids)

No.	Vol.	Price($)
4	635000	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	930561	2

View Market Depth

No.	Vol.	Price($)
4	635000	0.020
10	2630683	0.019
6	3298109	0.018
3	138881	0.017
4	156500	0.016

Price($)	Vol.	No.
0.021	930561	2
0.024	388394	5
0.025	40000	1
0.026	10000	1
0.027	291076	2

Last trade - 12.00pm 14/11/2024 (20 minute delay)

HIO (ASX) Chart

I agree that the charts indicate that it may be too early to be...

Yangibana 33% complete says Hastings, as it provides clarification on funding

Biome reaches intellectual property milestone in strain development program

Recce scores $6.75M R&D rebate

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I agree that the charts indicate that it may be too early to be...

Top Stories

Yangibana 33% complete says Hastings, as it provides clarification on funding

Biome reaches intellectual property milestone in strain development program

Recce scores $6.75M R&D rebate

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News