- We ha a eek with red share prices but also with low trade volume
- Today the trendline was tested but it supported well the price
- We are expecting stronger movement upwards from next week
Side note: the low volumes this week we believe is due to investors patiently waiting for RNS regarding an expected payment for the delivery of PPE to a Thai firm.
today the price bounced in the trend line once more(4 times). The trend looks healthy possibly there will be another upwards swing in the following days. We think it will reach 5.9p in the next swing or above.
We saw a very strong upwards movement in HAYD very recently and yesterday and today we are seeing a correction to that movement.
In this forecast we are using elliot-wave tool alongside our existing support lines to show how we think this stock will gradually gain impulse upwards.
Haydale is taking off after the good news last week. They are producing graphene inpreganted PPE and NFR tech for IRPC a 4bn market cap from Thailand.
Rumours of a re-rating could be ongoing. We need to wait to see what happens but it would not be surprise if we hit the 10p mark at some point in the following weeks or even days.
Explosion of Haydales price after the news of their association with the Thai pretro giant IRPC.
Graphene impregnated PPE and graphene printed cirquits, this company is highly undervalued at the moment.
On the fundamentals:
- Haydale price exploded today after this RNS: www.haydale-ir.com
- Lot's of optimism, the public is waiting for another RNS that will be coming soon in the following days when the first payment/fee from their partner is received.
- The company has confirmed that they believe they will be able to...
A doji candle pattern was formed today on the daily chart. There was strong volume today and at the en the price closed at the same price it opened.
Some fundamental positive RNS recently but also some fear of lockdown have made the bulls and the bears fight today. This could mean a further strong impulse upwards or a downwards reversal.
If the price is to drop...
What was a strong resistance for months at 2.00p was broken yesterday and today the price tested it as it became support.
Today's closing price is just sitting at 2.00p on the support line. We are hoping that this level remains respected and the trend continues upwards.
Today the sideways channel was pierced significantly. Let's see by the end of the day if the price closes abobe the yellow line. That strong resistance will become support.
This could be related with the recent news that New York and other states will be lifting lockdown.
Haydale managed to get out of the downwards channel in which it was just around mid April.
Since the covid 19 crisis started the stock moved sideways. We believe it will start raising at some point but the downwards trend is not there anymore that is for sure.
It is a positive sign that the price of this stock didn't plummet and the reason for this is because...
I am interested the real-state market in the UK. At the moment seems that there's a declive in the interest for REITS probably due to covid-19.
This is just an extrapolation, not really much deep analysis, I am just curious if will history repeat. If that's the case for storcks like this one operating in UK's real state industry there's still a long fall...
After multiple attempts in the last few months the price finally broke the downwards channel that started at the end of November.
Now we are hoping for the support to consolidate in the following weeks but yet is not clear at what level it is, maybe around 1.74.
Also there's are resistance level at 1.87 and another at 2.00 which could be tested in the following...
A breakout to the upside means there is a possible shift from a bearish sentiment to bullish. This strategy will have you buying the break above the channel. It’s recommended that buying into this break should occur after multiple tests of the upper channel line. Reason being breakouts early on in the channel often lead to traps as shorts push the price of the...
This chart is just to illustrate the impact that this crisis is having at the moment in the property market.
There are many companies like this one at the moment but real-state investment companies are having a big hit on their SP.
It is hard to predict what will happen since everything can be impacted by the policy, but what I did, was to compare the crisis of...
For some time Haydale it's being moving within a channel. There were a few vague attempts to break it upwards but they didn't succeed yet.
Multiple positive RNS came out recently and one of the most significant ones is the partnership and exclusivity agreements for the Chinese and Taiwanese markets for aerospace related products and also an agreement with the UK's...