When you look to the FA's for guidance.
Quote:
Originally Posted by
Baa_Baa
HNZ on an intra-day basis has exceeded the TA breakout target of $1.38 ... [snip]
A quick update on HNZ chart, showing here the monthly price, a very positive picture indeed @ $1.41 close and money flow breaking up. Now that the TA target has been exceeded, $1.38 becomes short term price support. So looking ahead with the FA target at $1.66, it suddenly seems a lot closer than when the projection was appreciatively volunteered. The parabolic curve however suggests caution for traders, though long termers won't be concerned, with monthly price support at $1.30 and solid support at $1.12 and $0.95. Must be divvi time soon.
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