Still some upside...
HCI is currently trading well above it's 40 week SMA.
The average is up, and the MACD doesn't indicate any divergence. (Momentum remains intact).
I feel prices could look to reclaim the R89.50 mark, which was previously a somewhat temporary support.
Overall the chart lacks any immediate "Bearish" indication of a reversal.
This is currently one good looking chart.
The average is up, and the MACD doesn't indicate any divergence. (Momentum remains intact).
I feel prices could look to reclaim the R89.50 mark, which was previously a somewhat temporary support.
Overall the chart lacks any immediate "Bearish" indication of a reversal.
This is currently one good looking chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.