HCMC PT4
Seeing some really nice action on HCMC at the moment… a recent breakout of an ascending wedge would lead me to think more upside is there in the short term.
As for the mid-term this is all about hype building up to the 26th of Feb when Morris decide if they’ll settle or take to court.
Long-term entirely depends on mid-term, should the case go to court it could take 1-4 years to settle without a guaranteed result… this will likely lead to many investors taking profits causing a big decline in stock price.
Assuming they settle then all aboard, next stop🌖
As for the mid-term this is all about hype building up to the 26th of Feb when Morris decide if they’ll settle or take to court.
Long-term entirely depends on mid-term, should the case go to court it could take 1-4 years to settle without a guaranteed result… this will likely lead to many investors taking profits causing a big decline in stock price.
Assuming they settle then all aboard, next stop🌖
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