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Adventure_Joe

HYMC heading for a breakout? 7/12/2022

Long
Hycroft Mining Holding Corporation (NASDAQ:HYMC)  
Adventure_Joe  
NASDAQ:HYMC   Hycroft Mining Holding Corporation
Trend Analysis Chart Patterns Technical Indicators HYMC AMC chartanalysis chartinganalysis stocksignals IDEA trading Bullish Patterns predictions
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trendanalysis chartpattern indicator hymc amc chartanalysis chartinganalysis stocksignals idea trading bullish predictions
HYMC seems to have changed its trend. You will see that we have entered with higher lows and higher highs. This could signal a breakout above 1.10 testing its next resistance level at 1.19. If the momentum continues then I would say that we could break out of the 200 DMA. However, there is A LOT of resistance at the 1.19 level.

The MACD just crossed over and I am getting signals on the 3, 13 EMA Cross. The volume also seems to be steadily increasing with today being one of the better days for volume.
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