BUY
Target: 62.00 EUR (32%)
Stop: 42.70 EUR
1.) H4 chart: Strong and fully intact uptrend since April 2020
2.) H4 chart: 3rd rejection on lower uptrend line
3.) D1 chart: still above the 200 daily EMA.
4.) Despite delivery bottlenecks for semiconductors, the first quarter was good for automotive suppliers. Regional focus could prove to be a burden, but the...
Sideways movement presents low volume and in the past two years (2018 and 2019), HLE has entered July in a bearish mood. From the upside, the price is at 0.5 fibonacci retracement level although the head formed on June 8 surpassed 0.618 for a bit. From the down side (blue fib retracement), the price is at 0.236 level. A sharp fall beyond 0.382 level in the next 2...
