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HOC 18 Nov 2016 14:29 #1

  • Trendfriend
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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.

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:

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

atb, wdik, dyor.
Last Edit: 18 Nov 2016 14:32 by Trendfriend.
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HOC 18 Nov 2016 08:50 #2

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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: 18 Nov 2016 08:53 by abudawud.
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