Technical Summary: It has been a difficult tape for HVN over the last year. Each time the stock has seemed to find some momentum the bottom has fallen out of the stock. More recently this has occured on a gap caused by a negative earnings report. This has pulled the stock back to an area where it has previously found support on at least two occasions this year. This may set up a short term opportunity for a mean reversion trader. However, for the longer term, it is important that the support in this area holds.
