Liking the look of HE8 for a continuation move higher. The trend has been solid on the Daily timeframe and the Weekly has a lot of room to move on the upside so on the watchlist for a setup. Looking for the higher low (shoulder) to hold and the volume to lift for the evidence of buyers making a new charge higher.
B grade set up
-stochastic bearish divergence (purple lines)
-high volatility ATR, major price flucuations 11c-13c (yellow circle)
-minor support at 11c - if broken may test ~8c support
-set up lacks bearish candlestick confirming reversal, unknown catalyst