Base on technical anaclasis only:
My entry was at 4.53$.
First target is at 4.85$
Second target is at 5.65$.
the optimists among us could dream on the third and last target of 6.16$.
If we will break 4.17$ level I will get out from the trade
#DYOR 🙊🍒
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Hudbay minerals sweet long term chart, daily flag inside of larger weekly flag. A great way to participate in the base metals bull market. Another is Teck.
Clean energy play. Long.
Tested the 50SMA multiple times, yesterday's candle was very bulish, multiple analysts raised their targer to $12 (RBC)-18 (BMO)
Entry: 7.50$
Stop: 6.30$
Target: 13.50$
Risk-Reward-Ratio: > 5:1
Stopmanagement: Parabolic SAR weekly chart default settings
Description: The chart provides a perfect bull flag setup. The correction of the flag retraced to the 50 Fibonacci retracement and the duration of the correction took about 25-50% of the time of the pole
Contextual immersion trading strategy idea.
Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the...
Hudbay Minerals (HBM) is an under-the-radar miner of a variety of metals - ranging from gold and silver to copper, zinc and molydenum. As metals prices continue to strengthen with the global economic recover, the company is ideally positioned to benefit.
HudBay Minerals, Inc. operates as a mining company, which engages in the production of copper concentrate, molybdenum concentrate and zinc metal. It focuses on the discovery, production, and marketing of base and precious metals. The company was founded on January 16, 1996 and is headquartered in Toronto, Canada.
HBM is a junior copper play with exposure to base metals, and precious metals (Gold, Silver) This is a junior which will benefit from the copper reflation and gold play. Realistically a big guy will buy this company over the next two years. I see this realistically 10+ in two years from a deflation point of view.
HBY - On Full Symbol Scroll of Peter Brandt of fractor trading - interesting stock with a very long 6 year H & S pattern
Fall from parabola classic 90% in its history as well - if stock breaches H & S bottom target and breaks out, could
be a good long play - sound fundamentals
Watching the HBM hourly equilibrium setting up following a huge move on earnings. Key levels I'm watching right now are 6.71 resistance and 6.58 support
Hudson Bay Minerals is 50% off January high and mining not favorite for many but it's
in small-cap under $10 stocks that can give good double digits this year.
Turning up off baseline entry as copper futures are also turning around.
