Long
HEALTHIA ASCENDING TRIANGLE
ASX:HLA Healthia Limited
Forming Ascending Triangle and looking for a "4th touch break" @1.93 on the Daily. If price can clear previous resistance around the @2.00 mark then I would expect continuation towards the Trend Based Fib Extension level 1.618
If price fails Resistance and fails Uptrend Trendline, then im looking for a retracement towards strong Support @1.75-1.65 which is also the Fib Retracement Level 0.236
MACD still currently Bullish, RSI trending Bullish above the 50.00 level
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Forming Ascending Triangle and looking for a "4th touch break" @1.93 on the Daily. If price can clear previous resistance around the @2.00 mark then I would expect continuation towards the Trend Based Fib Extension level 1.618
If price fails Resistance and fails Uptrend Trendline, then im looking for a retracement towards strong Support @1.75-1.65 which is also the Fib Retracement Level 0.236
MACD still currently Bullish, RSI trending Bullish above the 50.00 level
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
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