My thoughts on HITI with current progress made by the company with acquisition and openings of new stores. Earnings are coming out on March 7th which I think will be well received. If we breakthrough resistance around $7.50 we could head higher towards $9.80. MACD cross should see price continue to increase over the near term. We could see some resistance around $6.60.
I see this hitting $8.30 before bouncing and crossing resistance around $8.95.
The next point of resistance is likely around $10.90.
Lots of institutions buying up this stock in the last quarter. More coverage from analysts.