Support was tested, the gap taken up and now resistance will get a bigger test.
If 32.5 holds when it gets there, then I expect EHL to continue slowly much higher. Not in a straight line it will definately have ups and downs along the way, however I see EHL testing 45c and soon. 45.5 is the 38% Fib line aand will be a hard nut to crack.
55c then 64c will be the tests after this. To pass 80c is going to be really tough IMO, it failed this level starting on the 30/9/08, not once but 4 times. I don't believe we will see 80c+ until the market improves. I think it will be traded heavily between 50-70 for some time until the market turns positive.
When I get the urge I will post my chart I am following with EHL.
So glad I found this stock in time. Good to see a stock firmly in the green.
Support was tested, the gap taken up and now resistance will get...
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Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 87.5¢ | $384.6K | 437.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 78256 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 24303 | 10 |
View Market Depth
| Last trade - 15.32pm 02/12/2024 (20 minute delay) ? |
| EHL (ASX) Chart |
