HII 0.00% 8.0¢ hire intelligence international limited

HII - high risk bottom pickers special

  1. 10,605 Posts.
    lightbulb Created with Sketch. 26
    Now here is something interesting for the bottom pickers (if there are any left).

    As chance would have it the opening day low of 80c and the high of $1.75 in March produce a 161.8% retracement of ....you guessed it - approx 22c, todays close.

    This stock has been watched by technicians without doubt - against all odds it held the 100% retracement at 80c for two days on the way down so a rebound (even if very, very short term could well be on the cards.

    Be careful though, these newly listed micr-caps don't seem to recover from these sorts of failures so its definitely an extremely short term trade imo.

    Any thoughts anyone ?
watchlist Created with Sketch. Add HII (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.