HSCC good volume on Friday. Last week more solid basing on the 200ma. 20ma above the 200ma now. 50ma now at .0081 setting up for strong Golden Cross. 200ma is at .011
The last two Fridays have been big buying days with the largest volume of the week.
IMO 2 possible reasons those sitting on the fence waiting to get in buy on Friday because Monday and Tues are News days.
Someone taking a large position on the traditional sell day.
Look at the lows moving right up the 20ma going higher and higher. HSCC traded hard in the morning then the mm's widened the spread to slow it way down. They didn't want this to run.
I think it will move up substantialy on Monday regardless of news or no news.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.