AnishBadwe

HBM Bouncing off a support level-Target $10.40

Largo
AnishBadwe Actualizado   
TSX:HBM   HUDBAY MINERALS INC
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 opinion, it could possible break past its resistance level.
Operación activa:
Today, the bears are looking stronger than the bulls. The target of $10.40 may not be reached but the trade should be closed soon for a good profit nonetheless.
Operación activa:
HBM is approaching the target of $10.40!
Operación cerrada: objetivo alcanzado
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.