For those people into charting, pull up HWE. It conforms to some great charting basics and makes it reasonably predictable in its movments.
All things being equal, I would expect it to consolidate at present levels for a lilttle while (50 percent pull back of recent run) and then break up again back towards its old trading range.
The other reason HWE is good as a trade is the very low P/E, this gives the stock low risk as a trade , even if wrong on a short term trade, its going to get back there in medium term just on value.
HWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
