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Hess (HES): 14-year big base projects to 160sHES achieved a bullish breakout from a 14-year big base that projects beyond the 2022 and 2008 highs in the 129-137 zone to the 162 (160s) area. The mid-July drop into the 100-90 area represented a deep retest to confirm this big base breakout. Holding chart levels plus the 13- and 26-week MAs near 115-109 keeps the immediate pattern bullish. |
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