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zAngus
Jul 25, 2019 11:56 PM

$HVN:ASX - HARVEY NORMAN - Breakout? Long

HARVEY NORMAN HOLDINGS LIMITEDASX

Description

Harveys has been running well in the absence of any real competition from Amazon having arisen. It's a long way off old historic highs and looks like it might be able to breakout. There was a minor pull back the previous day so if its up today and volume appears it could be worth a look. Might get rejected as before so buyer beware :)

Harvey Norman Holdings Limited (HVN) engages in franchising operation, integrated retail business, property development and digital system. HVN operates under a franchise system in Australia and operates wholly-owned or controlled stores in overseas markets.

Market Depth: 82 buyers for 336,250 units vs 74 sellers for 202,752 units

Comment

Popped.

Comment

Big 160% run post March 2020.

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