Allowed a little gloat, occasionally
Just popped in to say that I am as happy as with HNZ and just regret only buying lots at 55c, 70c, ....
Best Wishes
Paper Tiger
HNZ got legs, how long are they though?
An impressive November for HNZ, though the price chart is now well over-bought, with price rising against declining volume, this rally is thinning out. An interesting pattern has also emerged during 2014, where the breakouts (up) have on each occasion retraced fully before resuming the up trend.
The current rally could of course continue as there is a massive gap to fill back up to the breakdown in 2010 and HNZ is in clear air at these prices. If not, support at $1.13, $1.1 and $1.04 may present good buying or accumulation opportunity. Breakdown below $1.04 appears unlikely.
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