HMT - Weekly Chart Analysis
Coming out of 30months base. A low cheat triggered last month (September2023) and there after cheat trigger was breached too. Volumes have started coming in since low cheat breakout.
It has moved more than 50% since the low cheat. and now it is heading for pivot.
Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51 is small resistance/supply zone.
Stock is trading above all its key moving averages. Trend based fib levels comes out as 54 - 63 - 74 in the future.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
It has moved more than 50% since the low cheat. and now it is heading for pivot.
Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51 is small resistance/supply zone.
Stock is trading above all its key moving averages. Trend based fib levels comes out as 54 - 63 - 74 in the future.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Nota
Target 1 & 2 done. 48.65 --> 69.70
~43% gains
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.