James Hardie 17.9.99


James Hardie 17.9.99

HAH continues to look like a stock in a strong position. Note how HAH has now pushed up into past lows at $4.40. An area of resistance initially; - bottoms become tops - as those who bought originally at $4.40, only to see the stock fall to $3, say to themselves "if / when the stock gets back to 4.40, I'm selling."

The fact that HAH pushed into $4.60 before the first reaction back to $4.20 adds to the probable future strength. Watch for a possible repeat run after this current retracement on the weekly.

Print This Page

Home ----- Contact Us