Saturday, March 18, 2006
HL Finance as requested by Ming
Since 8th March 2006 price has been dropping almost everyday. Huge increase in volume as price continues to drop and move downwards towards the old resistance formed on 4th and 8th April 2005 at $3.52. This former resistance as shown by the dark blue dotted line will be the next support , should the current immediate support indicated by the red line breaks. Since both these 2 lines are only 2 cents apart there is a high possibility of price dropping to $3.48 should the current red line support breakdown. RSI and stochastics are both in oversold regions but no buy signals yet. High probability of a short term technical rebounce.
# posted by Cherie : 8:28 PM
