$HFG - RC -
Added 2025-03-13 16:35:19 +0000 UTCCup and Handle formation here still and the price is sitting on the 0.618 Fib now at $7.98.
We are seeing this formation a lot lately and a lot of potential ABC pull backs at their 0.618 Fib support level too.
If the market can offer some relief then I believe many of these positions can respond positively but as long as there is market weakness then this is still at risk of going lower to the next support level at $6.34
Comments
Earnings weren’t good… I think even market relief would not help here. Anyway, chart is very interesting. Thanks
Karnick
2025-03-13 17:48:18 +0000 UTCbeen waiting for this chart for too long ! Thank
Idir ADANova
2025-03-13 17:02:16 +0000 UTC
