Hollysys Automation Technologies, Ltd. (HOLI) Social Stream

Hollysys Automation Technologies, Ltd. (HOLI): $21.15

0.28 (+1.34%)

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Industry: Industrial - Equipment




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- Friday Q2 ER +600% increase in revenue and 300M cash position
- From Q2 ER " we anticipate that annual net revenue for LUPKYNIS will be in the range of $40 to $50 million for 2021"
- First is support level at 200ema 13.30 area If that holds then I will be long biased
- Second is resistance level at 15. If price can break 15 then next target is 16 area
- If price cannot break 15 then i'll be looking to short scalp it back to 14 and below area

- 55M float
- "Hollysys Shares Gain As It Receives Superior Emerald's Takeover Offer For $23/Share"
- Key level of 19
- If 19 holds support i'm looking for a retest of 21.5 resistance
- If 19 breaks support looking for a move lower to 20ema around 17

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Cream1987, published August 9, 2021

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