I just love this monthly chart, just look at it... HOC has only closed below this current price for 3 sessions in the history of the company back in 2016, whilst today's price is coincidentally the session low dating back to December 2008.
Down 82.5% since 2020 highs and with the monthly RSI at multi year lows the risk here now seems to be to the upside, a conservative 100% retrace for the April to present day surge takes the share price back 148 a nigh on treble bag for what potentially may play out by the end of March 2023.
#HOC
Down 82.5% since 2020 highs and with the monthly RSI at multi year lows the risk here now seems to be to the upside, a conservative 100% retrace for the April to present day surge takes the share price back 148 a nigh on treble bag for what potentially may play out by the end of March 2023.
#HOC
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.