HMN established a proper bottom around 330.
*Nice bullish weekly candle developing here on decent volume breaking the down trend.
*Weekly close above 10ema will confirm the long idea. 500 looks to be the level to watch.
*Stochastic indicator is very oversold on the weekly chart.
Possible targets are 800 then 1300
NB!! This is not trading advice, my ideas and opinions...
*Nice bullish weekly candle developing here on decent volume breaking the down trend.
*Weekly close above 10ema will confirm the long idea. 500 looks to be the level to watch.
*Stochastic indicator is very oversold on the weekly chart.
Possible targets are 800 then 1300
NB!! This is not trading advice, my ideas and opinions...