Heartland Group Holdings Limited (HGH.NZX)

13 February 2019


Technical Summary: We only have a chart since the 1st of November 2018 for HGH. This is because the company changed its ticker code from HBL to HGH. The consequence of this is that the data provider we use did not have the historical price data before November. However it is still possible to talk about what we do see. The stock has been in a downtrend and has moved from the top left to the bottom right of the screen. It will be interesting to see whether the stock has put in its bottom in Jan as it has looked to consolidate sideways. It would be great to see more evidence such as a higher low before
considering entering a position.

New ticker code for Heartland

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