Well I'm not happy about the price rise today but good to see you in. I was going to suggest you buy a starter position and if the stock falls to your target you can then top up. If it goes up instead well at least you own some. That is how I play it if I am unsure where the bottom is but at the same time I don't want to regret not owning any after such a big fall.
The rise today is not unexpected based on the 3 day rule that after a stock issues a profit warning/poor result the share price falls for 3 days as it takes time for the result to be digested by the investment community. I'm not saying this is a bottom but most of the heavy selling should be ending.
HLO Price at posting:
$1.95 Sentiment: Buy Disclosure: Held
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