TradingView
Adventure_Joe
Jul 13, 2022 1:17 AM

HYMC heading for a breakout? 7/12/2022 Long

Hycroft Mining Holding CorporationNASDAQ

Description

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.
More