Nice bounce off of nice levels giving us a good short.
The only real issue with this stock, is the price. It is extremely cheap, and Halcon Resources actually did a share buyback recently, and it could may well happen again, if price gets too low... To try get investors confidence back again... Which could give some confusing technical signals.
Thanks, Tom
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IvanLabrie
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This might be accumulation before a strong rally too...Interesting bullish structure down there, very clear fractal low, etc.
Regression trend is up too.
This might be accumulation before a strong rally too...Interesting bullish structure down there, very clear fractal low, etc.
Regression trend is up too.