D-day, page-14

@Prsrizdair just like buying a lotto ticket without a member's card. It's all in the element of surprise when you go and check your ticket.

A good close for HFR to end the week in the face of broader weakness across the market. The share price closed bang on the 200 week MA and sustaining the move on the daily chart above the 200 day MA at $1.02. The medium and longer term charts (weekly / monthly) are certainly pointing to a very constructive setup in play, signalling that we are on the cusp of a bigger move.

The way the share price is acting / holding up nicely, you get the feeling that we are rather close to a final decision out of Spain.

The daily chart is too busy for my liking, with too much short term chop, whilst the technicals are certainly not 'over bought' in the near term, the share price is finding it hard to break out of the $0.90 - $1.17 trading range in the absence of news flow to drive direction. A move through $1.17 would signal a break to a new trading range. Iam preferring to keep an eye on the weekly setup for HFR instead, with the MACD hovering around the 0 control line, whilst trending positively, RSI pointing up with plenty of room to move before it's 'over bought' and stochastics also trending positively.

Some good news out of Spain would see this tight coil release nicely!