"35 - 37 should offer minor support at 150 day MA, failing that here now comes 26!!"
This has played out technically to a Tee.
The fall to minor support at 35- 37 has seen the first gap close from 12th sept.
The gap was at 35.5 cents, trading closed the gap on 1st dec when it actually traded 35 cents.
This should act as minor support, but expect at some point a retest of the gap from 17/08 at 26.5 cents
market up 500 points, hills down from 73 to 35 in a matter of weeks.
Lets see how far away 26 is??
Cheers
HIL Price at posting:
38.0¢ Sentiment: None Disclosure: Not Held