Wednesday, November 13, 2013

******** Trading Sell: HPH Trust US$. Share price 0.71. (Broke 0.72 support finally)

HPH Trust has stayed above the 0.72 support level since Sept 2012 but has broken down this support over the past few days. Likely to head lower to 0.70 then 0.68 level support on weak market. Double top formation seen with resistance at 0.800 can be seen which can also signal some weakness forming. As long as 0.72 is a resistance and it stays below it, bearish in the short term still.
CFD Buy stop at 0.735
 

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