Hathway ltd formed a falling wedge pattern and
tested the major support zone.
the trend can reverse and bounce towards the resistance zone of 50.
the risk-to-reward ratio is very good in this setup.
##Daily chart view
detailed analysis is on the chart.
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you can think of buying IOLCP becuase it has strong momentum and can move great heights for a short term, might hover around green line but keep stoploss when price closes below green line, Happy Trading :)