HLG - Hallenstein Glasson

[King1212]

Soon..couta got no money left...after buying all the shares to support the sp

[macduffy]

Soon..couta got no money left...after buying all the shares to support the sp

At which point I'll step up to the plate!

[Biscuit]

Jeez David Jones going to close heaps of stores ..yesterday read an iconic outfit been in biz 50 years gone broke and 50 stores at risk and an outfit today Collete or something going to close 33 stores

It’s retail catastrophe over the Tasman

Glassons AU didn’t grow profits last year and this year looking real glum

Will they join the long list of NZ companies who regretted trying their luck over the Tasman

Shaking out the competition will only be a good thing for HLG. They are here for the long, long term. 50 years nothing.

[Beagle]

Been looking at the chart which looks very ugly. Unfortunately this company has pretty recent form for dropping a whole $1.50 in less than a month. Check out the share price action in December 2018 ! HLGCHART.jpg

$1.50 fall this time from recently formed (looks like a head and shoulders pattern in last six months) right shoulder at $6.00 could see it head down toward $4.50

From a TA point of view a test of long term support at $4 is even possible

[winner69]

Been looking at the chart which looks very ugly. Unfortunately this company has pretty recent form for dropping a whole $1.50 in less than a month. Check out the share price action in December 2018 ! HLGCHART.jpg

$1.50 fall this time from recently formed (looks like a head and shoulders pattern in last six months) right shoulder at $6.00 could see it head down toward $4.50

From a TA point of view a test of long term support at $4 is even possible

Isn’t that what cyclicals do?

[couta1]

Isn’t that what cyclicals do?

If that's the case the Air sp should be under $2 right now given the virus thingy and all that, so why isnt it?

[Leftfield]

Interesting ABC article on retail closures here.

Take care holders (just saying!)

[RTM]

If that's the case the Air sp should be under $2 right now given the virus thingy and all that, so why isnt it?

Give it time.

[Baa_Baa]

Isn’t that what cyclicals do?

50% fib retrace already from June19 low $4.00 to Dec 19 high $6.48. DCB or canny buyers?
Attachment 11051
Daily chart, log scale

Bloody awful screen resolution with uploaded pictures, not sure what's going on. A high resolution chart is here

[winner69]

50% fib retrace already from June19 low $4.00 to Dec 19 high $6.48. DCB or canny buyers?
Attachment 11051
Daily chart, log scale

Bloody awful screen resolution with uploaded pictures, not sure what's going on. A high resolution chart is here

So cool BaaBaa ...I love Fibonacci ...one of few TA things that mimic nature ...and we know about Nature’s Laws eh

Talking of Fibonacci ....put a heap on him Otaki Race 2 today at 1.17pm. ..he’s got great form like winning his last 2 races ...and baabaa’s onen bet ...the stars are aligned.