Breathers are healthy after a big rally.....this breather is 6 months and counting....time to give HNZ a kick to get it moving again, because it is creating lost opportunities for its investors who are tied up in this lazy stock and missing out on the Bull market rally going on around it.
The trouble is now there's a dilemma, there are no TA signals and patience is wearing thin...do you sell out and rejoin the Bull Market Rally only to see HNZ spark back to life once you sell ,,,or ,,,,endure more patience by hanging in there with the risk of seeing it continuing to go nowhere and miss out on the Bull rally elsewhere....
Hoop is glad he has no dilemma ...took the Divvy and ran away last October...It is now on my watchlist...
Yes, accumulation is unattractive atm (no strong buy signals)
Probably will ...but why leave the Bull market now and invest into a lazy trendless stock.
pre-empting the HNZ market carries a risk of exposing ones self to lost opportunities does it not?.....HNZ is not the only stock that will be announcing its half year report next month...
From the chart below (note :..medium/long term chart)
History which sometimes can turn out to be a repeating behavioural pattern has shown that at the end of HNZ previous breather February 2013 (around announcement time) the Momentum and rate of change fired up (blue circles) created medium /long term low risk buy signals,,,with a retest giving you a second chance to enter or accumulate...OK, you may lose the first rapid 10% but there's no real loss as your money pulled from a Bull market rally is used to buying into a hopefully bigger HNZ rally ...
This time a year later ...will that momentum return to kick start another HNZ rally...?
http://i458.photobucket.com/albums/q...NZ22012014.gif