Good morning mates, HCMC has made a retracement of 0.60 fibs and still in good are for buying and accumulation. The RSI shows a huge falling wedge about to break. Due to the company circumstance and already made correction this stock only option is up.
The only concern here is how the stock seems to have a mind of its own... each day it reads well then drops out... I do think the correction is correct and that some manipulation is at play to some extent. That being said Thurs / Fri this week will make or break HCMC.
The only concern here is how the stock seems to have a mind of its own... each day it reads well then drops out... I do think the correction is correct and that some manipulation is at play to some extent. That being said Thurs / Fri this week will make or break HCMC.