HDVY Break OutPrice closed above the .5 fib level and above the descending trend line. In my experience this confluence is a good indication that a break out is imminent.
Looking for a move up the fibonacci scale and targeting $.42 and then $.61
HDVY trade ideas
HDVY BullishAfter consolidating at the 50 MA the MACD recently crossed and the 9ema crossed the 20ema.
The most recent candle made a hammer and closed above the .38 fib level.
I am looking for HDVY to continue the uptrend back to previous highs in the $.40s in the near term.
HDVY Technical AnalysisSomeone had asked me to chart this up two weeks ago if I recall and I'd set up a buy grid using Fibonacci, some trend lines and your basic Hi's / Low's and everything goes. I'll post the updated TA version in a bit here but we can see that at the very least, my stop market buy would have filled and a gain at the top of the Fib overlay I'd made at that time would have been met. So holy cow!! this beast popped hard. Not unusual for OTC stocks to pump like this and flash wick huge on the top side. I prefer consolidations, breakouts, gap fills and things like that so I personally would't do anything at the moment but possible wait for a cup & handle situation. Update posting in 3 . . 2 . .
