HCC - Upmove

Updated
HCC is inching closer to the longtime monthly counter trendline. Strong close above can lead to further upmove.

Entry - Close above 19.75
Target - 15% - 36%
SL - 16.70

Views are personal, study the stock & trade responsibly.
Note
BOOM !!! 🔥🔥🔥 Finally Going crazy
Note
Company planning to raise funds by issuing new shares, this could pull price down. May exit @ current levels.
Trade closed manually
👆🏻👆🏻
Note
HCC seems to be in a confusion, company not clarifying whether it's rights issue/split/bonus/or just issuing new shares.
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