Second attempt to break downwards channel
A lot of volatility today for HAYD.
There was a second attempt to break the channel but the closing price was within the channel. Also the resistance at 180p was broken briefly.
We are hoping that as the days pass if HAYD is capable of maintaining it'self at this price level, the upper resistance of the channel will soon become support and will impulse the price beyond the 180p which is now weaken since broken in a couple of occasions.
There was a second attempt to break the channel but the closing price was within the channel. Also the resistance at 180p was broken briefly.
We are hoping that as the days pass if HAYD is capable of maintaining it'self at this price level, the upper resistance of the channel will soon become support and will impulse the price beyond the 180p which is now weaken since broken in a couple of occasions.