HAZ 0.00% 4.0¢ hazelwood resources ltd

No worries. We are at the bottom of the steep channel. One thing...

  1. 5,279 Posts.
    No worries. We are at the bottom of the steep channel.
    One thing worth noting about steep channels - they can be ruptured by sideways movement. That's just understandable if you think about angles. But fear not. IF this violation does take place then its usually VERY short in time and leads to a resumption in the trend.

    I thought I should just add that this week was a bullish hammer so we could be ready to swing up to the top of the channel.

    I'm playing HAZ on the weekly. Too much whipsaw potential on the daily.
 
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