Not sure that this chart has had enough bullish consolidationsNot sure that this chart has had enough bullish consolidations on the way up. Day 1 of the new weekly candle has already created a massive -35% reversal candle.
Yikes. Usually when you have this kind of run-up, the path of least resistance is all the way back down to where it started.
HGRAF trade ideas
Hydrograph. The new tech of the future.Congratulations to everyone who managed to get into the Hydrograph trade thanks in part to
Mr. Kevin Bambrough who brought the light into the company and what it does. Its importance and potential. Essentially a 10 bagger in a month, but also potentially a 100 bagger down the line if its science turns out to prove true. I highly recommend everyone to look into it. It is interesting, beyond the hype. Chart is definitely extended but as with any hype could go a lot higher. Every time break out of the wedge was accompanied by higher volume and that's how last week concluded. Right at the end of the wedge with increased volume. Could it go to 2.5 and then take a breather at 1.6? Time will tell. Also bigger support seems to have established itself at about 1.12 should it drop this low. We will wait and see. Good luck to everyone enjoying this lovely run.
HGCPF is a US graphene manufacturerIt could be interesting in the current context where Biden is limiting Chinese battery components.