HWE 0.00% 49.5¢ henry walker eltin group limited

classic chart follower

  1. 1,263 Posts.
    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.



 
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