Hankore (technical)

Hankore: The key indicators are only just starting to reverse downward from very overbought levels, so if the $0.105 (24% Fibo level) fails to hold, expect momentum to drive the share price lower toward the next Fibo support at $0.092. The recent volume spikes on 31 Dec 2013 and 2 Jan 2014, also suggest a similar pullback toward the $0.092 Fibo level, where much of the trading activity occured.