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Highbank Resources unchanged after hitting resistance February 27, 2017 17:00 EST

Feb 27, 2017 - News Bites Canadian Markets


Highbank Resources Ltd. (TSXV:HBK), was unchanged after hitting the upper Bollinger Band twice in the last ten days. This is a bearish signal. The upper Bollinger Band marks the trajectory of resistance on an stock price. The stock price closed unchanged at 4.50c. Compared with the S&P/TSX 60 Index which fell 2.5 points (0.3%) in the day, the relative price increase was 0.3%. The volume was 0.4 times the average daily trading volume of 200,733 shares.


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