Bullish potential detected for HLIFollowing a few stocks in the ASX 300 of particular interest, HLI represents a potential bullish opportunity should momentum continue and newer highs be made past the current position. I'll cover this more in the upcoming weekly video, however as can be seen in the chart, the stock price has respected prior support of $3.47 and thus far intraday is also achieving good support from the $3.62 level, aligning with technical indicators of RSI and DMI. Much talk has been devoted to increased stress amongst mortgage borrowers in Australia in the media today, which adds further impetus to this potential trade.
