TradingView
UnknownUnicorn1043646
Apr 6, 2021 6:02 PM

STOCKS - Hexagon Composites Long

HEXAGON COMPOSITES ASAEURONEXTOSE

Description

Model Forecast for HEX.OL:
- Model had produced entry signals for PLATINUM previously.
- Model has produced bullish signals for HEX.OL.
- The Hydrogen Strategies market and Platinum are highly correlated.
- Technically bullish, with Automatic Rally + Wyckoff Spring off of Demand Zone, which has been tested 3 times.
- 52.40% potential gain in underlying to top of the channel.
- Excess to higher channels are highly likely, as we expect a Hydrogen Boom due to global Clean Energy initiatives. We believe this is an excellent entry point for companies that would benefit from such a boom cycle.

GLHF,
DPT

Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.

Comment

Evidence supporting the correlation between Platinum price and this security by correlation coefficient, p-value, and Confidence Interval (Other stocks in the sector are similar):

Comments
ankhramsiswmriimn
Always wait for Wave 1 to complete before charting the rest of the waves.

More