Text me if you have any questions/comments for me.
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HLS
- Previous analysis was done on 19 Sep (red arrow) -> recommended waiting for successful breakout of counter-trendline (purple dotted line) at around 4.90 levels before plotting entry if comfortable with strong overhead resistance zone
- Since then, the stock flirted with the support (blue dash line)...
Text me if you have any questions/comments for me.
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HLS
- Previous analysis was done on 31 Aug (red arrow) -> recommended caution and suggested to wait for successful breakout of strong resistance zone at 5.15-5.35 levels
- Since then, the stock has created multiple LHs and is now trading at the 4.57 support levels (blue dash line)
- A counter-trendline...
HLS
- Previous analysis was done on 26 Aug -> suggested to wait for successful breakout of strong resistance
- Since then, the stock has retraced all the way down to test the mid-term support
- Today’s price action is first sign of a potential rebound -> but more positive indicators are required
- Some traders may try to use the Support Strategy for entry, but it...
$HLS $HLS.ASX consolidating and it may pop up
Healius Ltd
Service company for medical, para-medical and related services, and day surgery operator.
Number of shares 623,008,113
