HOG hawkley oil and gas limited

Hughjas,This is the best chart I've seen for a while it behaves...

  1. 18,874 Posts.
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    Hughjas,
    This is the best chart I've seen for a while it behaves TA wise on todays volumes I'd say expect a gap up tomorrow looks to me as it wants to repeat its past range thats what stocks do after a double bottom it meets with a double top to form the famous "W" Pattern.
    Note turtle trader put a buy signal on it today(Green Arrow) again on the daily and has put one on the weekly this week the gap at 41c will get filled imo.
    The 100% fib projection should act as support the weekly indicators have a lot more to go so a repeat of the patten to 56c is on the cards if not more...imo
    Btw 161.8 Fibs are like a magnet so 35c is a given the overall 161.8% is at 90c thats the potential of this stock atm it will take time I'm in for the big run..
    Cheers Pete
    Here is the weekly


 
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