HFR 0.00% 31.0¢ highfield resources limited

Friday was a crazy day which happens every so often with stocks...

  1. 113 Posts.
    Friday was a crazy day which happens every so often with stocks
    With HFR it was merely a matter of running out of patience which is ok
    The clear and positive indication is what happened,smart money will let it drop and then come in
    The rebound from @1-34 to close of $1-48 was significant. i believe HFR is on track to get permit but this wa sthe perfect enviroment to create panic which it did. Rumours going round that a permit was not coming and a forced seller and bingo you have a sharp drop BUT equally it was impressive the REBOUND and the taking out of @800,000 of stock at close
    Next week will see HFR return back to $1-65 levels and build from there. This is too good a story with SOLID fundamentals to fade away. The tree has been shaken and the weak fruit has fallen from the tree and the solid has stayed firm and ripe for a great picking. This will be a blurr and those who bought yesterday will be very very very happy
    Enjoy
 
watchlist Created with Sketch. Add HFR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.