Tuesday, May 27, 2014

Hankore (technical)

Hankore - Technicals appear to be trending higher, as supported by ADX, RSI and STochastics. The next resistance level is the 50 day MA at $1.21, followed by the recent top at $1.24. Note however that movement of the stock is more likely impacted by the ongoing RTO with CEI, whose deadline (barring any extension) is due this Friday.

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