HEI just broke its bullish channel’s resistance and made its new high with strong sales growth. Expect it to move back to $112 to test its new support area within several days before continuing its upward move.
An intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement tracking trend oscillators as below:
CCI diverges the price crossing down the zero level as well as shown in the chart.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back...