HOC STRONG BUY - Target 140 - Six Month Payoff
I just love this monthly chart, just look at it... HOC has only closed below this current price for 3 sessions in the history of the company back in 2016, whilst today's price is coincidentally the session low dating back to December 2008.
Down 82.5% since 2020 highs and with the monthly RSI at multi year lows the risk here now seems to be to the upside, a conservative 100% retrace for the April to present day surge takes the share price back 148 a nigh on treble bag for what potentially may play out by the end of March 2023.
#HOC
Down 82.5% since 2020 highs and with the monthly RSI at multi year lows the risk here now seems to be to the upside, a conservative 100% retrace for the April to present day surge takes the share price back 148 a nigh on treble bag for what potentially may play out by the end of March 2023.
#HOC
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