Inverse head & shoulders Head at ATL Right shoulder higher than left Looking to break out
Hummingbird Resources LSE:HUM is a gold miner, which stocks are traded on the London Stock Exchange. It benefits from a very low valuation with a PER of less than 4 at the time of publishing. After a lengthy consolidation inside a descending channel the stock price now hits the lower channel's boundary in a super oversold condition. It is time for a bounce in...
Just a thought. Don't trade based on this.
as gold is almost at a good level for a bounce I belive stocks like Hummingbird Resources will do well as they have lots of gold. please read latest RNS's to get to know more about the company but on fundamentals this company is undervalued. Hoping to hold the 0.50 fibs and bounce from here. A brake of the downtrend line will push us higher looking to rise to ATH...