HOIL daily 21/07/13
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Just a quick one here. There's a gap at 169.7p which should prove resistance if it hasn't already been close enough.
I'm not yet convinced that this whole move up is the start of a new trend. It looks very much like a 3 wave corrective move so far. We can't know that for sure unless there's a drop below the higher low of 127.5p but if that gap holds and it then goes below 140.75p it'll look odds on for that to happen IMHO.
I'm not yet convinced that this whole move up is the start of a new trend. It looks very much like a 3 wave corrective move so far. We can't know that for sure unless there's a drop below the higher low of 127.5p but if that gap holds and it then goes below 140.75p it'll look odds on for that to happen IMHO.
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