Highland Gold - HGM

Nice one

Been trading these since 50/60p levels in Jan.

Sold out at 135p ish last week, back in again!!

Lets see. thanks for that monthly chart RC..looks good!

ATB.
trendfriend

Trendfriend wrote: target 170p. best case, 160p ish should be minumum imho...

Did you grab some RC??

atb, wdik.
Trendfriend

Yes I am long on this TF

Monthly chart looks good too



Ignore the long candle in the middle its a glitch!

target 170p. best case, 160p ish should be minumum imho...

Did you grab some RC??

atb, wdik.
Trendfriend

Breakout

Highland Gold. Daily chart.
uk.advfn.com/p.php?pid=chartscreenshotsh...jyPsyZu6cGpASuFRU%3D

Looks like a bull pennant forming on the daily.
worth keeping an eye for a breakout to the upside. stops below the 20 day ema and pivot, so below 115p.

if it breaks down from the pennant, it could be heading to to 115p, and i think any dips to that area are a decent buying opportunity.

wdik, dyor and good weekend folks!
Trendfriend.