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HOLO Loses Support at $0.41

Written By: ChartChamp

August 28, 2024

HOLO has experienced a lot of downside since the dilution news was announced on Friday. HOLO just lost support at $0.41 and is continuing to decline here. We can see a periodic pattern of down, sideways, and down. Not looking good for HOLO here, the next key support level is $0.28 and HOLO is at risk of continuing to trend down. I would monitor for a rebound on the way down, and I think a reverse stock split announcement is likely to occur.

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