HEG has closed to day at a level which is a double bottom. The stock may now move up from this double bottom. A couple of days ago, it broke 2/1 support at 2125 and is in bearish trend. The next support is at 1635, which is a 1/1 ascending angle support over a chart of two year span, signifying a very strong support. I expect the stock to move up in the first half of April.
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.