Hazer Group Potential Move From 50% Fib

HZR put in a solid inside bar today after bouncing off both the 50% fib retracement level and the previous resistance line which should now act as support. Expecting to see this trade in range for a few days before moving to the next resistance hurdle at 58c

FA behind this one is well worth looking into also as they aim to be the lowest cost hydrogen and high quality graphite producer globally

"Hazer Group Limited is a pioneering ASX-listed technology development company undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process. The Hazer Process enables the effective conversion of natural gas and similar feedstocks, into hydrogen and high quality graphite, using iron ore as a process catalyst."

http://www.hazergroup.com.au/
ASXbatteriesbatterymaterialsCandlestick AnalysiscleantechFibonacciGRAPHITEhydrogenminingislastcenturySupport and Resistance

Also on:

Disclaimer