HRR 0.00% 6.1¢ heron resources limited

Heron Resources

  1. 753 Posts.
    A rather unusal tight trading range for this month [15-17cents].

    By the end of the month this range could be expanded.

    A break on the upside could, I believe, push the stock in the 20cents area and potentailly to much higher prices.

    For this to occur, we need some sort of freindly announcemnt re take-over or joint venture with either Cawse on Murrin Murrin operators, or some unexpected exploration sucess.

    If a break of 17.5cents occurs and the stock closes above this level on a monthly basis, it would look constructive for the months ahead, based on techincal analysis trends.

    If the stock breaks below the 15cent level, I consider buying the stock in the 14cent range could prove to be worthwhile trading punt.

    Any gifts below 13cents, i consider would be a long term cream-de-la-creme, but one must be patient.

    The greed to make a quick dollar attracts opportunists, and often prevents a stock to move in a certain direction due to these stale shorts or longs.

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Mkt cap ! $26.14M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 69391 6.1¢

Sellers (Offers)

Price($) Vol. No.
6.5¢ 90637 1
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Last trade - 16.12pm 14/05/2021 (20 minute delay) ?
HRR (ASX) Chart
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