HTG harvest technology group ltd

Triangle?

  1. 5,670 Posts.
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    I know there are some who regard charting as akin to reading chicken entrails, but...
    One of the more reliable features I have come across is the formation of a triangle, in which the price is constrained within ever decreasing boundaries. It seems to me that HTG is developing such a structure now.
    The lower boundary started on 24/9/20 and the upper boundary on 27/1/21. I think it could continue to build another month or 2 but eventually the SP must break the boundaries. Given the positive forecast of the company and the transition from Phase 1 into Phase 2 I would guess that a break to the upside is on the cards.
    FWIW
    DYOR etc

    FHC
 
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(20min delay)
Last
1.8¢
Change
0.001(5.88%)
Mkt cap ! $16.12M
Open High Low Value Volume
1.5¢ 1.8¢ 1.5¢ $14.33K 855.7K

Buyers (Bids)

No. Vol. Price($)
1 93088 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 324321 3
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
HTG (ASX) Chart
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