HEG is witnessing a strong breakout above the crucial resistance zone around 2400, backed by solid volumes. The stock is currently trading in an ascending triangle pattern, with a potential upside of over 70% from the current levels. A successful close above 2450 could propel the stock towards 4400 in the coming months. RSI is trending upwards, indicating sustained buying momentum.
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.