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.
HBM entering support zone, I think it will jump back up a bit, accumulate and get back up more.
Adding to recent post. Weekly chart for perspective.
We had every reason to drop with today's market, but closed with a bullish hammer instead
The 100WMA should cross the 200WMA soon. I think HBM is going to rocket for the next few months.
In the daily chart it looks like it could turn around soon. Long.
HBM has bounced off a long held support level. Last few trading days tested lower prices but the bulls won. MACD and Stochastic show growing momentum and it returning from the oversold zone. Even if HBM is simply in its trading range, we have an opportunity to buy in so that we can make a sweet 12% if it makes its way to its resistance level at $10.40. In my...
The more I look at the HBM weekly chart the more bullish I become on this stock entering 2018
Price consolidating in 8th week after 50SMA X 200SMA
I do think 2018 will be a good year for this stock
Hudbay pulled back to a past support/resistance zone, along with the 50dma was which has been acting as dynamic support/resistance, where price was quickly rejected. Day late on this, but I'm going short on the pullback to the next support level, trading with the downwards trend.
20dma stalking 200dma like a cheetah stalks a gazelle