In today's session the price of HAYD:LSE closed above an important downtrend line.
The upwards trend is not yet consolidated but we believe is in the process of forming, we will keep a close eye during the following week since there's the downwards trend line will highly probable be tested again and maybe even broken. We also don't discard the possibility of a correction during this coming week but if it is to happen, we believe it will test the uptrend line and help strengthen it.
Haydale during the 30th and 31st of October attended a Graphene and Engineering forum in Birmingham where presented some of it's latest achievements. The enthusiasm around Haydale and the Graphene industry, is slowly starting to grow. We believe that at some point during the first half of 2020 this stock will be start trending upwards.
The upwards trend is not yet consolidated but we believe is in the process of forming, we will keep a close eye during the following week since there's the downwards trend line will highly probable be tested again and maybe even broken. We also don't discard the possibility of a correction during this coming week but if it is to happen, we believe it will test the uptrend line and help strengthen it.
Haydale during the 30th and 31st of October attended a Graphene and Engineering forum in Birmingham where presented some of it's latest achievements. The enthusiasm around Haydale and the Graphene industry, is slowly starting to grow. We believe that at some point during the first half of 2020 this stock will be start trending upwards.