$HTRO - RC -
Added 2023-04-26 10:37:55 +0000 UTCIt has lost the crucial yellow trend line which has been a support for a number of years now and we can see that the moment it lost the 200 Day MA, it has moved down aggressively, we can also see that the 50 Day MA has crossed down through the 200 Day MA too, which is a bearish indication.
Looking for support now and the 0.5 Fib is looking like it will be the next test for support now, failure to hold here and we would be looking at the 0.618 Fib and $67. Overall the structure is looking good and this is just a standard pull back and once support is found, I expect this to continue its impulse wave up again.
