I'm new to Hot Copper , just found out about it . I bought into HIG at 10 cents a year ago , then sold 6 months ago at break-even - frustrated by lack of movement . But I've since bought back in recently as Ramu gets closer to commissioning , feel that the stock is due for a significant re-rating before the end of the year . Good to see sales at 19.5 cents today - do you technical chartists / anaysts feel that 20 cents is a major resistance level , and that , once through that , there's clear sky for a run up to 30/35 cents ??
That's what I'm hearing , informally , from a couple of broking firms .
But then again , what would I know about rumours ?
Chartists are the experts , not amateur enthusiasts like myself .
Any comments on SP movements in the future ?
HIG Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held
