HT8 has closed well under the 200 day moving average, and is now looking to break new lows and test major support at 10c. Should this be broken, then the next support level would be around 8c. This would be a good buying opportunity for once tech stocks and tech equipment picks up again in future.
The ASX online sector looks like its getting bullish again and is ready to run. With that in mind ive checked a few of the online ASX stocks like KGN etc and, imo, HT8 had the highest probabilty chart to achieve 30% +. HT8 is positioned well to capture any stimulus excess cash as it did in 2020. Still only 50 mill market cap.
Key Techinicals - Bullish flag is in...
