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HIL - Hills Industries Ltd

Chart Forum » Stocks - ASX: long term & fundamental » HIL - Hills Industries Ltd

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dennis_menace
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Username: dennis_menace

Post Number: 1076
Registered: 09-2002

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Tuesday, August 12, 2008 - 08:54 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi,

Is there anyone else here thinking of jumping on board this one? The support line goes back to 2004/05 period where there is strong resistance/support at this level. This is a weekly chart.








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ken
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Username: ken

Post Number: 517
Registered: 04-2003

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Wednesday, August 13, 2008 - 09:37 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Dennismenace,

I got into HIL at 3.65 after seeing it as a descending wedge breakout, hoping for a target of 6.50-ish, but am ready to get out if the market starts tanking again.

Ken

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