HDR hardman resources limited

joker1

  1. 10,543 Posts.
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    HDR is currently loitering around an intermediate support level at 46.5c. According to my calcs it can push up as high as the major resistance level at 52c without breaking its overall downtrend and given the close at 47c today might well do that albeit on very light volume.

    A break above 52c would be significant. Otherwise look for support at 37c and the aforementioned 27/28c.

    Let me reiterate that those targets would not occur in the next week but might well in coming month or so.
 
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