What was a strong resistance for months at 2.00p was broken yesterday and today the price tested it as it became support. Today's closing price is just sitting at 2.00p on the support line. We are hoping that this level remains respected and the trend continues upwards.
Today the sideways channel was pierced significantly. Let's see by the end of the day if the price closes abobe the yellow line. That strong resistance will become support. This could be related with the recent news that New York and other states will be lifting lockdown.
Look at the orange dashed line going upwards. Could this mean that Haydale just made a third touch in a potential upwards trend line?
Haydale managed to get out of the downwards channel in which it was just around mid April. Since the covid 19 crisis started the stock moved sideways. We believe it will start raising at some point but the downwards trend is not there anymore that is for sure. It is a positive sign that the price of this stock didn't plummet and the reason for this is because...
I am interested the real-state market in the UK. At the moment seems that there's a declive in the interest for REITS probably due to covid-19. This is just an extrapolation, not really much deep analysis, I am just curious if will history repeat. If that's the case for storcks like this one operating in UK's real state industry there's still a long fall...
After multiple attempts in the last few months the price finally broke the downwards channel that started at the end of November. Now we are hoping for the support to consolidate in the following weeks but yet is not clear at what level it is, maybe around 1.74. Also there's are resistance level at 1.87 and another at 2.00 which could be tested in the following...
A breakout to the upside means there is a possible shift from a bearish sentiment to bullish. This strategy will have you buying the break above the channel. It’s recommended that buying into this break should occur after multiple tests of the upper channel line. Reason being breakouts early on in the channel often lead to traps as shorts push the price of the...
This chart is just to illustrate the impact that this crisis is having at the moment in the property market. There are many companies like this one at the moment but real-state investment companies are having a big hit on their SP. It is hard to predict what will happen since everything can be impacted by the policy, but what I did, was to compare the crisis of...
For some time Haydale it's being moving within a channel. There were a few vague attempts to break it upwards but they didn't succeed yet. Multiple positive RNS came out recently and one of the most significant ones is the partnership and exclusivity agreements for the Chinese and Taiwanese markets for aerospace related products and also an agreement with the UK's...
A lot of volatility today for HAYD. There was a second attempt to break the channel but the closing price was within the channel. Also the resistance at 180p was broken briefly. We are hoping that as the days pass if HAYD is capable of maintaining it'self at this price level, the upper resistance of the channel will soon become support and will impulse the price...
I think it's really hard to predict what is going to happen with GBP-EUR due to the climate of uncertainty currently in the UK an the EU. The EU is struggling to re-arrange it's finances after the UK's departure, also this budgeting turmoil alongside populism and nationalism exacerbation in some EU countries, seem have put the EU expansion plans currently at...
What in December we thought was an end of the down trend, during January and February progressed into a downwards channel. We hope that this channel is not strong enough and that the price will manage to break it upwards. There was already an attempt a couple of days ago. On the fundamentals side: - They managed to control expenses - New exciting contracts...
I think there is a correlation between the corona-virus and this. In there the support levels I think could be interesting going in but also this all depends how the corona-virus vaccine progresses.
Today the price of HAYD touches for third time the upwards trend line. We expect an imminent breakout of the 2.00 resistance and the price to continue moving upwards. Note: The price has being moving sideways for nearly the whole month of December 2019, we don't belive this has to do with uncertainty but just due to low volumes of trading during the festive...
We observe that HAYD is moving sideways in a channel between 1.8 and 2.0 but we are optimistic since is using the 200 MA as support and it's also approaching the upwards trend line which we believe will also act as support.
Today HAYD increased nearly 16% in price, following the news of a raise of 450K via a subscription agreement. Good fundamental news arrive at the moment when we were close to the apex between the down trend and the up trend in the making. We see two candles closing above the downtrend and also the volume indicator also has an increase. We are now much more...
We are carefully following HAYD since we believe that this stock could significantly increase in price in the following days or weeks. Our previous suggestion after seeing a breakout of the downward trend at the end of October was that this recovery will probably suffer a correction during this week. We have seen this correction happening but yet we believe is not...
In today's session the price of HAYD:LSE closed above an important downtrend line. The upwards trend is not yet consolidated but we believe is in the process of forming, we will keep a close eye during the following week since there's the downwards trend line will highly probable be tested again and maybe even broken. We also don't discard the possibility of a...