HEX buyers stepping in hard at the key levelHelix Exploration PlcLSE_DLY:HEXStockso_SimpleI covered this one a couple of weeks ago, when it broke away from a consolidation area around 23p. That move looks like it’s become exhausted. Since then, as price has approached that key level, we’ve seen buyers step in again. Price was rejected two days in a row as it tried to push below, both on very strong volume. To add another layer of confluence, volume is heavily concentrated at this level. Some would call this a double bottom, potentially forming a W pattern. Add it all up, and I think there’s a good probability of a rebound here. Price target: 36.5p Potential reward: 50%