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ASX stock Analysis HMX
Time Frame : Daily Chart
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Watching for Buy Entry Setup
HMX recently had some good news that saw a spike both in price and volume and has since spent some time squeezing out weak buyers on a pullback. Price is contracting still but is holding higher lows and with increasing volume. We are now watching for price to push up out of contraction through 0.11 to start the next leg up. It is a small Cap stock awaiting some drilling results that could get the action really heating up again.
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Stock : ASX stock HMX
Current Price : 0.105
Status : On watch for a move above 0.12
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