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HOC

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9 years 11 months ago - 9 years 11 months ago #14303 by Trendfriend
Replied by Trendfriend on topic HOC
Hi Abu,

Interesting stock this, massive rally up..... :ohmy: but now pulling back.
So how low will it go?
guess views here would be biased by how bullish or bearsih one is gold and precious metals.
I think Gold could fall quite considerably further imho but wdik.

so with that in view.
hoc daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...SF2lSqpKiH5AfzDU0%3D

just 200p(around 198p) if you really have to have these....that level or between 210p (200 day ema line) and 198p will produce a bounce. will it be the real deal?
below 198p. 175p and 150p supports.

super bear view, shows this broadening triangle, giving a target of sub 125p :evil:
uk.advfn.com/p.php?pid=chartscreenshotsh...FuADq5Y8ap6G4Kr9M%3D

Keep stops but 200p area looks to be a possible scalp long area, just not sure if it will be worthwhile.

atb, wdik, dyor.
trendfriend
Last edit: 9 years 11 months ago by Trendfriend.
The following user(s) said Thank You: abudawud

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9 years 11 months ago - 9 years 11 months ago #14302 by abudawud
HOC was created by abudawud
Anyone any views on how far this would fall. Been watching it for about a week now expected first bounce at major trendline but it went staright through then I had support at 221 which it hit today but it still seems as though it may go lower. Am looking for a entry point by the way. If it doesnt stop at 221 I think maybe 190 according to my trend line
Last edit: 9 years 11 months ago by abudawud.

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