HDUP ~ Another Leg Up Appears to Be Underway Li
Post# of 2561
Posted On: 10/02/2016 12:30:08 PM
HDUP ~ Another Leg Up Appears to Be Underway
Link back to my post of Sept 29, #2335 when HDUP was .025 for a quick understanding of the chart and the technicals:
http://investorshangout.com/post/view?id=4085121
After trading too far outside the upper bollie (see the chart below) the stock is now back inside the bollie bands. The technicals indicators were also in overbought levels at the same time while trading outside the upper bollie band. The subsequent correction saw HDUP shares falling 50% in a decline to a targeted support level of the rising MA20 at .025. The reversal to the upside, as hoped for, began on Thursday and Friday with the stock closing at .038. During the pullback, the RSI held at 50 while the FullSto and SlowSto dipped below their 50 levels before executing a positive crossover.
A few of us entered HDUP the low .002s back in May and June. It has now rallied to as high at .052 and still holding almost a 20 bagger with what a few believe will see much higher levels before the year is up. We'll continue to trade the chart around a core position while management executes. I might add, approx two weeks ago, HDUP had an OTC Market listing of Skull and Crossbones. Numerous financials and filing submitted and the stock is now Current Pink. Last week, the company announced a LOI. So it appears something is definitely occurring, therefore the rise of the share price in anticipation of the material events. GLTA
Link back to my post of Sept 29, #2335 when HDUP was .025 for a quick understanding of the chart and the technicals:
http://investorshangout.com/post/view?id=4085121
After trading too far outside the upper bollie (see the chart below) the stock is now back inside the bollie bands. The technicals indicators were also in overbought levels at the same time while trading outside the upper bollie band. The subsequent correction saw HDUP shares falling 50% in a decline to a targeted support level of the rising MA20 at .025. The reversal to the upside, as hoped for, began on Thursday and Friday with the stock closing at .038. During the pullback, the RSI held at 50 while the FullSto and SlowSto dipped below their 50 levels before executing a positive crossover.
A few of us entered HDUP the low .002s back in May and June. It has now rallied to as high at .052 and still holding almost a 20 bagger with what a few believe will see much higher levels before the year is up. We'll continue to trade the chart around a core position while management executes. I might add, approx two weeks ago, HDUP had an OTC Market listing of Skull and Crossbones. Numerous financials and filing submitted and the stock is now Current Pink. Last week, the company announced a LOI. So it appears something is definitely occurring, therefore the rise of the share price in anticipation of the material events. GLTA
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