Hi-P long-term outlook

Evening one and all,

I have a chart of Hi-P, from the manufacturing sector. This will be a quick post, thought the outlook is fairly long.

Basically, I have identified an inverted head and shoulders pattern that has an upward breakout. A projection based on the pattern would be $1.30-$1.40. I will probably post an update at least a month from now, and hopefully price does move up in the meantime.

All analyses, recommendations, discussions and other information herein are published for general information. Readers should not rely solely on the information published on this blog and should seek independent financial advice prior to making any investment decision. The publisher accepts no liability for any loss whatsoever arising from any use of the information published herein.

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