After a prolonged bear HOV has formed a stable base from which it can launch to the targets of 2, and then, 2.5. Monthly RSI is at 12 months high.
Comment:
Nice move in $HOV today. 2.5 target next.
Comment:
Approaching next target at 2.40-2.50.
Comment:
2nd target reached. Booking 30% profit on half. Moving S/L to 2. Targeting $3 now on the balance.
Comment:
Still looking good for the $3 target. Amongst my better picks.