HCMC: The Start of Some MovementWith the lawsuit coming up, HCMC has risen to higher levels in anticipation of a successful court date.
The current volume and popularity this penny stock is receiving lately are undoubtedly impressive. Future improvements this company can make with more money are immense.
Based on general price predictions of TA and the alarming amount of exposure this penny stock is receiving, some room for growth is highly probable.
Yahoo Finance predicts the price per share will increase drastically along with many other 1-year estimate sites. This is definitely a long hold but more specifically, a good time to join now because the price is still less than half a cent. It is not too far-fetched to believe that this could exceed 1 cent after winning the lawsuit. Besides that, the CEO has purchased over 1 billion shares in anticipation of this market mover. Today was the first day of some upside and I would say it is starting to look pretty bullish yet again.
If the second resistance level is broke tomorrow then there is potential for a lot of upside.
Current Supports and Resistance Levels:
R3: 0.0047
R2: 0.0044
R1: 0.0041
PP: 0.0038
S1: 0.0035
S2: 0.0032
S3: 0.0029
