Still awaiting the dead cat

After a short stint trading sideways, HIFI looks lo be tranding back up in the short term. Entry here for possible targets at $1.00+.

It is still highly possible that it return below this new short term support. In that case I would be looking to go short.

The zone delimited by the two red lines are clear areas of demand. I would wait for a move under this zone before going short. For now my positions remains long.

Chart PatternsHarmonic PatternsTrend Analysis

Disclaimer