Bullish potential detected for HDNEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:HDN
- i.e.: above high of $1.31 of 9th May (most conservative entry), and
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of resistance of $1.31 from 31st October 2022.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 15th May (i.e.: below $1.24).
