NYSE:HK HALCON RES CORP
HK has been falling since July 2nd. On August 4th and 7th HK's rose above oversold, but the trend failed to move. The has risen again, the first double test of in a long time for this . This time, along with the , a green candle formed just about as large as the red one right before. The trading range for both days were about the same, however the on the up day was slightly more. This candle traded below the $4.20 level, and closed right on it. $4.20 represents both a huge support line from years prior, and the final retracement level from the last uptrend. HK should hold here at $4.20, otherwise it might travel to the 52 week low at $3.15 before the downtrend is exhausted.
Trade closed manually
Trade closed manually: HK IS THE WORST STOCK IN THE HISTORY OF MANKIND