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vcm11

Neutral / resistance 11.66p / bullish divergence / no support

HAYDALE GRAPHENE INDUSTRIES PLC ORD GBP0.001 (LSE:HAYD)  
vcm11  
LSE:HAYD   HAYDALE GRAPHENE INDUSTRIES PLC ORD GBP0.001
Technical Indicators Chart Patterns pennystocks pennystock graphene
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indicator chartpattern pennystocks pennystock graphene
A risky trade but if RSI breaks we could lead back to resistance at 11.66p
No 100% confirmation on a bounce coming as of yet but bullish divergence looks good for now.

Bear in mind bullish divergence can happen a few times on the way down.
Weekly t-line cross with 20ma upwards could well start to become bullish so keep an eye here
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