HIL 0.00% 14.5¢ hills limited

There's a few contradictions on this thread, Imho. No volume,...

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  1. 1,232 Posts.
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    There's a few contradictions on this thread, Imho.

    No volume, does not offer enough distribution for buyers to top up so I don't quite buy into the price being held down to lap up desperate sellers.

    It's interesting the views of the fundamental driven posters as interpreting the financials with a "buy" sentiment.

    Even more interesting is, the market has had time to view and absorb the numbers with no upward impact on the share price.

    From the technical view point, everything is still pointing to "steer clear", except for maybe one thing.
    The one thing, trading occurring at point of support.
    Danger here is, taking any 'decent' position with not enough volume to exit if there is break of support and further downside.

    This is not the most liquid of stocks.

    Every other technical indicator is still heading down, Macd, momentum, psar, MA's, volume, price to name some.

    Buying and price movement will change the technicals, but will it to the upside?
 
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