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Is HLX showing upside potential? Hammer Candlestick shows up after slipping 2.94%
On Wednesday, June 24th, HLX moved down 2.94% while volume shrunk to 0.2× the usual levels. Multiple bullish signals emerged — Hammer, Hammer Candlestick, Stochastic Reached Oversold & Lower Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 8.46, 8.35 & 8.27, with resistance at 8.65, 8.73 & 8.84. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of HLX: C
There’s more where that came from. See all of today’s signals for HLX here.
Read full article here »