HIO 3.13% 3.1¢ hawsons iron ltd

Price and Chart HIO, page-5271

  1. 5,540 Posts.
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    Hi Rick, I'm not in the other one, got stopped out at 7c when it unexpectedly reversed course. I noticed it bounced off the 65 EMA, a common support level and usually also at 62% retrace.

    With MFI, my usual use for it is as a cross-check if a breakout / bullish crossover has high probability of success or not, e.g. if there's a bullish 10/25 ema cross but MFI is falling, I'd hold fire until it lines up.
    I also check if MFI is overbought should RSI is red hot ( > 80), if MFI looks steady, I'm not in a rush to sell. Apart from these, I don't rely on MFI much.

    I use MACDs extensively in my trade-vesting instead.
 
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3.1¢ 3.2¢ 3.1¢ $15.16K 484.3K

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3.2¢ 645814 4
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Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
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HIO (ASX) Chart
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