Wednesday, September 28, 2016

HMI: No exits from Bullish signal yet, in consolidation phase, upside still possible above 0.52, price 0.545

HMI has been trading sideways from 0.52 to 0.56 for more than 2 weeks already.

Longer term MA still looks strong and sloping upwards firmly.

As long as 0.52 is a support for now, uptrend still pretty much intact with a resistance at 0.56 for now.

Those who have taken profit can consider accumulating on dips above the 0.52 support which also coincides with the 20 day MA with SL below.

Manual analysis aside, to share that we actually had a 1ET Bullish Entry signal on 18 July 2016 with an Entry price at 0.345.

There was a subsequent exit then a RE-ENTRY again from my 1GT strategy as seen below.

Still NO EXITS for this yet.

Those who would like to find out about my 1ET AND 1GT systems and also the blueprint that each of this strategy goes through can attend a FREE workshop.

More details here >>> last few workshops for the year >>

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