$HEI is down 27.5% in the last 24 hours, trading at $0.125 with $10M volume.
This move takes it to the bottom of its 7-day range (0.120-0.195) and below both the EMA20 ($0.133) and EMA50 ($0.135). The RSI(14) is at 36, indicating oversold conditions.
The desk's read: Price has hit 0.125, the low end of its recent range. A bounce from here would confirm this as support, but a break below 0.120 would signal further downside.
Would you look to buy a bounce at range lows?
$HEI
This move takes it to the bottom of its 7-day range (0.120-0.195) and below both the EMA20 ($0.133) and EMA50 ($0.135). The RSI(14) is at 36, indicating oversold conditions.
The desk's read: Price has hit 0.125, the low end of its recent range. A bounce from here would confirm this as support, but a break below 0.120 would signal further downside.
Would you look to buy a bounce at range lows?
$HEI