dr3k4l3

dr3k4l3

After trending sideways for a few weeks. The price had a correction and entered into the support level area(red) and touched the lower channel wall. Today friday the price quickly bounced back up. So far looks like the channel, support levels and ema are holding the price.

dr3k4l3

As lockdown eases in the UK this stock is showing signs of recovery. We can observe a nice upwards channel. RSI yet not on bullish territory but the pace of recovery is steady. We could be in levels between 120-160 pence in few months. On the fundametals, the company made a very possitive announcement that this year they managed to collect 85% of the rentals...

dr3k4l3

- The 55 EMA rejected the fall and pushed the price back to today's opening. There are a few more hours of trading today but a doji could be formed and this would be a strong bullish signal. - There's not strong volume to support the fall in price meaning there could be a reversal next monday - This is a healthy correction within the channel, not major concern

dr3k4l3

Haydale it's experiencing a correction of 78% since it's last swing up. We observe that the volumes in this correction are not too high in comparison to the volumes in the upwards movement. There's a high chance that the price will stop falling at the 78% retracement level and then recover it's path upwards in the following days to the next swing high which could...

dr3k4l3

The 1D chart for HAYD is looking really good today. We have multiple bullish signals. - Today the price could break above the upper channel bound - RSI indicator for 250 periods is showing >50% indicates the start of bullish momentum - The volume indicators in the past few days were trending up - Trading above the 55 EMA There's a high chance that the channel...

dr3k4l3

We are hoping the price will bounce on the trendline(green)

dr3k4l3

Will the support at 5.90 hold the correction?

dr3k4l3

We will findout soon, if we are in a channel. What makes us think this is that the increase in price it's being a bit steep and probably there will be acorrection.

dr3k4l3

We predicted some time back that there was a resistance at 5.90 today the price tried to break it but failed.

dr3k4l3

Seems it was a quiet week not a lot of volume but regardless the trendline is being respected and we are expecting a boost soon on the upcoming RNS which will hopefully arrive soon.

dr3k4l3

The ascending triangle formation that was generated this week will probably breakout at the start of this week. If our predictions are correct, HAYD could raise all the way to 7p in this coming week.

dr3k4l3

- We ha a eek with red share prices but also with low trade volume - Today the trendline was tested but it supported well the price - We are expecting stronger movement upwards from next week Side note: the low volumes this week we believe is due to investors patiently waiting for RNS regarding an expected payment for the delivery of PPE to a Thai firm.

dr3k4l3

today the price bounced in the trend line once more(4 times). The trend looks healthy possibly there will be another upwards swing in the following days. We think it will reach 5.9p in the next swing or above.

dr3k4l3

We saw a very strong upwards movement in HAYD very recently and yesterday and today we are seeing a correction to that movement. In this forecast we are using elliot-wave tool alongside our existing support lines to show how we think this stock will gradually gain impulse upwards.

dr3k4l3

Haydale is taking off after the good news last week. They are producing graphene inpreganted PPE and NFR tech for IRPC a 4bn market cap from Thailand. Rumours of a re-rating could be ongoing. We need to wait to see what happens but it would not be surprise if we hit the 10p mark at some point in the following weeks or even days.

dr3k4l3

Explosion of Haydales price after the news of their association with the Thai pretro giant IRPC. Graphene impregnated PPE and graphene printed cirquits, this company is highly undervalued at the moment.

dr3k4l3

On the fundamentals: - Haydale price exploded today after this RNS: www.haydale-ir.com - Lot's of optimism, the public is waiting for another RNS that will be coming soon in the following days when the first payment/fee from their partner is received. - The company has confirmed that they believe they will be able to deliver before end of the year On the...

dr3k4l3

A doji candle pattern was formed today on the daily chart. There was strong volume today and at the en the price closed at the same price it opened. Some fundamental positive RNS recently but also some fear of lockdown have made the bulls and the bears fight today. This could mean a further strong impulse upwards or a downwards reversal. If the price is to drop...