$HEI Explodes Higher Lets see it Can Hold the Gains or not
HEI ($HEI) has surged 52.34%, currently trading at $1.1319. It spiked to a high of $1.4900 before pulling back, bouncing from a low of $0.7430, signaling extreme volatility.
Key Levels to Watch:
Resistance: $1.1980 ā A move above this could reignite the rally.
Support: $1.0340 ā Holding above this level is crucial to prevent further pullbacks.
Trade Setup:
Long Above $1.1500
Target 1: $1.2200
Target 2: $1.3000
Stop-loss: $1.1000
Short Below $1.0300
Target 1: $0.9500
Target 2: $0.8800
Stop-loss: $1.0700
Market Insight:
HEI experienced an explosive move, surging nearly 100% intraday before retracing. Currently, it is stabilizing above the 7-MA ($1.1076), showing signs of consolidation.
If buyers push past $1.1980, another leg up is possible. However, failure to hold $1.0340 could lead to further downside. Keep a close watch on these key levels
