HE1 Outlook (12/09/2024) (Log)HE1 engages in the exploration and production of Helium Gas. As of present, it has been an extremely volatile AIM play, peaking at 25p and bottoming at 0.185p. Fortunes have been made & lost.
Now, onto the analysis.
I am NOT a fan of using log over linear, as I find it to be less reliable, hence most targets are based on the red horizontal lines, with the trend patterns as supporting evidence to inform/estimate intersections.
As of today (12th Sep 2024), I expect a pump to what I call the bag holder line. I then expect a slow sell off to around 3 to 4 pence (assuming no stock splits occur). I expect this target to be hit around September 2025.
Then, from there, we may truly have lift off.
Let's see how it plays out!!!
Not financial advice - Just a bit of fun.
