HVX - 46.00p .. viewing its 'all-data chart', I see 2 x main ranges, and at the moment, the price is in between them both, and is moving up towards the 'upper range' of around 50.00p - 65.00p.
Zooming into its 6 mth chart, it shows that the price was consolidating throughout Aug/Sept, within a range of around 45.00p - 50.00p, apparently to build up the strength required to break through into the 'upper range' .. however, despite being ideally positioned, the price made no significant attempt to enter, and eventually the price faded away.
The price has recently developed an 'upward channel', and has regained that 'consolidation range' .. but it is now showing signs of weakening, so at the moment, its just a matter of waiting to see if it can hold within this range, and if so, whether it will subsequently make a breakout attempt.
If the price can achieve a 'close' above 50.00p, then this would be quite an achievement, and I reckon that it could be the first signal of a potential move up towards the 65.00p ceiling of its 'upper range'.
