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Bullish momentum for HAYD

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LSE:HAYD   HAYDALE GRAPHENE INDUSTRIES PLC ORD GBP0.001
The 1D chart for HAYD is looking really good today. We have multiple bullish signals.

- Today the price could break above the upper channel bound
- RSI indicator for 250 periods is showing >50% indicates the start of bullish momentum
- The volume indicators in the past few days were trending up
- Trading above the 55 EMA

There's a high chance that the channel could be broken if this is the case and the new support rejects the price we could be on the way to a bullish trend.

In the case the channel doesn't break and rejects we believe it will find support in the 55 EMA.

On the latest Fundamentals:
- Haydale has recently launched it's new SynerG graphene mask and is starting to fill orders for both retail and B2B customers.


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