The 1D chart for HAYD is looking really good today. We have multiple bullish signals.
- Today the price could break above the upper channel bound - RSI indicator for 250 periods is showing >50% indicates the start of bullish momentum - The volume indicators in the past few days were trending up - Trading above the 55 EMA
There's a high chance that the channel could be broken if this is the case and the new support rejects the price we could be on the way to a bullish trend.
In the case the channel doesn't break and rejects we believe it will find support in the 55 EMA.
On the latest Fundamentals: - Haydale has recently launched it's new SynerG graphene mask and is starting to fill orders for both retail and B2B customers.