The demand to trade Golden Bria Holdings (HVN) above 400 per share started around 9:49am on Wednesday. Based on how HVN fared today, I would say that it must breakout above 452 first, preferably with a heavy volume, before it revisits the 500/sh level once again.
Because of today’s erratic price fluctuation, HVN earned a moderate risk level based on my risk level indicator.
Be extra cautious when the price drops below 360.
Was there a huge cross-trade that caused the volume to shoot up? No.
Price-Volume Analysis
VWAP: 404.28
Most Traded Prices: 400, 410, 405, 420, 365
Most Voluminous Prices: 365, 400, 410, 405, 420
If there are specific prices you need to monitor, those are the prices I mentioned above.
If you are my client, I highly suggest that you ask for my latest price-volume analysis of HVN in the Private Clients Forum, especially if you have HVN in your portfolio.
Top 10 Players Analysis
Trading participants of HVN with a 100% Buying and Selling Activity as of Feb-27-2019 at 03:30PM:
5 out of 38 participants or 13.16% of all participants registered a 100% BUYING activity
5 out of 38 participants or 13.16% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 402.8755
Top 10 Players’ Selling Average: 409.8990
There’s a relatively huge gap between the top 10 players’ buying and selling averages. This is not a bullish sign for me.
My Overall Sentiment and Recommendations
I have a risk-averse stance on HVN. My overall sentiment is neutral to bearish. On the other hand, if the price moves above 420 with a heavy volume in the first 30 minutes of trading tomorrow, my sentiment towards HVN might change.
If you managed to enter a position on HVN when it was priced 360 and below, you should have already realized your gains when 450 and 540. If the uptrend will continue, there’s always an opportunity to re-enter. You should have mirrored the profit-taking stance of Regina Capital. I highly suggest that you monitor the price and volume of HVN.
If you don’t have a position on HVN yet, monitor those specific prices I mentioned under my price and volume analysis.
If you are my client, please post a request for my latest price and volume analysis of HVN in our Private Clients Forum tomorrow morning.
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