HRL long due to following setups
1) Daily oversold with RSI about 40
2) Weekly support retest after the breakout in Nov
3) Daily horizontal support
4) Support from Gapfill right below
5) Printed a hammer on Friday (ofcourse needs a confirmation tomorrow)
Everything above bodes well for higher prices. Can go long with a stop under under $34.
1) Daily oversold with RSI about 40
2) Weekly support retest after the breakout in Nov
3) Daily horizontal support
4) Support from Gapfill right below
5) Printed a hammer on Friday (ofcourse needs a confirmation tomorrow)
Everything above bodes well for higher prices. Can go long with a stop under under $34.