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KozakHlib
May 6, 2021 11:37 AM

$HBM can rise in the next days Long

Hudbay Minerals Inc.NYSE

Description

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 share price in the next days.

So I opened a long position from $8.12;
stop-loss — $7.48.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Thanks for being with me!

Trade active

1/4 closed at 8.80

Trade closed manually

3/4 closed at $8.64
Comments
rezawood
HBM what is our target price?
KozakHlib
@rezawood, the next one is at $10.04
Chaython
Good job.
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