Post by
Jabookie75 on Aug 31, 2018 12:20pm
Bull flag
Pretty clear by the chart that a bull flag is forming as volume drops off. This is good to see and consolidation of the recent uptick is postive. We have clear resistance at the 200SMA around 0.85 and I would estimate support to be somewhere around 0.70.
I imagine this breaks one way or the other next week. If we dip below 0.70, I will stop out (bought at 0.51) but I sure hope we don't. I would really like to see a move on volume back towards the 0.85 resistance.
I don't expect anything today and will likely close 0.76/0.77. GLTA.
Comment by
thebiz on Aug 31, 2018 12:38pm
If this is true length of the pole looks to be about $0.22 or 1.4%. Could see this increase next week brining HIP to $0.99 or within $1.00. Strike price for HIP A on the horizon!!!!!
Comment by
itsallgame on Aug 31, 2018 12:50pm
$$$$ in September, lots of $$$$
Comment by
Charlie_Chan on Aug 31, 2018 12:50pm
The Bull is eager but can't seem to gain traction today!