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Master_of_Fine_Charts
Nov 22, 2021 1:41 PM

HIHO Bullish Long

Highway Holdings LimitedNASDAQ

Description

Price recently bounced off the 200 SMA and the 9 ema crossed the 20 ema on 11/4.

It looks like $4.26 is a reasonable support level (.38 fibonacci level) and the most recent candle managed to close above it after testing the .5 fib level.

Looking for HIHO to hold $4.26 and retest 4.40 with some volume to enter for a swing.

$4.74 short term target.

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