HCCI has recently reclaimed the 200 day EMA after falling below it in February 2020. The stock has been consolidating in a pennant formation while finding consistent support on the uptrend from September 2020. I have to expect the pennant resolves higher, the move from the September low measures out to $28.
First publishing. Long at 16.92 Target 1 is 20.24 target 2 is 24.20 with tentative Y2K21 Q1 seeing potential all time highs.
Surprise earnings, expected and recieved. 10/14/20 Post. Continued expectation in resumption in waste recycling presuming target 1 holds no less than 4.3% in reduction in daily index in between.
I thought I had posted this one already but no. Anyways HCCI showing a huge Ascending Triangle. I took the Edwards and Magee 3% breakout at $28.86 and have the measured pattern price target at $37.96. This one is showing good strength.