We can see an inverse proportinality of interest rate vs HOD, and we are witnessing a historically low level of the HOD price now. In the past 8 years, we have witnessed noticeable MACD signs followed by a huge upward movement up to 800% gain.
We should closely look at the interest rate trend and MACD - I am not saying now is the best time to be in, but sooner or later there will be a big movement. Once you confirm the interest rate going down (watch FRB!!) and a MACD signal, it may be the very best opportunity to be in this ticker.
#DRIP #KOLD and #HND are other options to consider. Good luck with your trade.
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