HULAMIN LTD
Long
Updated

Hulamin looking strong

92
BULLISH
Ascending Triangle formed on 4 hour
We are just waiting for a break above R2.98
Price >200MA
Target 1 - R3.80
Concern is that the previous trend is down and the uptrend could very well fizzle but the bias is still bullish.
Note
Yes when Electric Vehicles really take off - we will see Aluminium and Palladium companies sky rocket... Right ow they are still far too expensive for the average man. And the price to replace parts are inaccessible through most parts of the world.

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