HydroGraph Clean Power (CSE: HG) - Swing TradeHydrograph Clean Power IncCSE:HGSwingTraderKevHydroGraph Clean Power (CSE: HG) continues to act like a classic momentum micro-cap: fast expansions, hard pullbacks, and very technical-driven flows. The long-term trend is still intact, but the latest dip into trendline support gives a fresh asymmetric setup — especially with RSI(2) at 3.27, which is deep-oversold territory. 🏢 Quick Company Snapshot HG is a graphene/hydrogen tech play with no meaningful revenue yet, but a ton of speculative attention. The stock went parabolic this year and continues to behave like a momentum vehicle rather than a fundamentally anchored name. That’s fine — as long as you trade it like one. 📈 Price Action & Catalysts Momentum remains bullish overall. HG has respected the rising trendline for months, bouncing cleanly each time it tagged the 50-day SMA or short-term support. Catalysts remain mostly sentiment-driven: • Graphene/clean-tech hype rotation • Patent/technology announcements • Low float + momentum traders piling in • No negative news — pullback is technical, not fundamental Risks: • Dilution (common for micro-caps) • Liquidity disappears fast on red days • Parabolic charts unwind violently if support cracks 🪙 Industry Context Micro-cap clean tech is still getting bid, but the sector is volatile. HG drastically outperformed peers over the last 6–12 months — meaning pullbacks can get sharp and exaggerated. 📐 Technical Breakdown (Chart-Specific) Your chart shows: Trend: Still up. Price is above the 200-SMA and sitting directly on the rising trendline + 50-SMA area. Support Zones: • Primary: 3.00 – 3.10 • Trendline: ~3.20 • Deeper: 2.70 (50-day SMA) • Major floor: 1.41 Resistance Zones: • 3.73 (local resistance) • 4.50+ (measured-move target + previous wick zone) RSI(2): 3.27 — ultra-oversold. Historically on this ticker, RSI2 < 5 has often marked swing lows or immediate bounces. Volume: Still healthy. No signs of heavy distribution — selling is orderly. Pattern: A clean ascending channel + pullback to trendline. This is textbook Minervini VCP-style behaviour (volatility starting to tighten after spikes). 🎯 Trade Plan (TradingView Style) Entry Zone: 3.15 – 3.35 (trendline retest + ultra-oversold RSI2) Stop: 2.88 (below trendline + below recent swing low) Target: 4.50 (previous resistance + projected swing extension) R/R: ≈ 2.5–3.0R depending on entry Alternate Setup: If price fails the trendline and flushes to 2.70 (SMA50), that becomes the new A+ bounce zone — but only if volume stays controlled. 🧠 My Take This is one of the cleaner micro-cap momentum pullbacks I’ve seen in weeks. Trend is intact, RSI(2) is screaming oversold, and price is resting directly on a long-respected trendline. The setup is simple: if buyers defend this zone, the bounce to 3.70–4.50 is very realistic. If 3.00 breaks with volume, step aside and wait for 2.70. This is pure technical trading — not investing — but the structure is absolutely there.