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AwesomeAvani
Mar 20, 2023 1:01 AM

HYMC Mining Stock swing LONG Long

Hycroft Mining Holding CorporationNASDAQ

Description

See the 4H chart for details. The analysts to not have great ratings but I have learned to

respect chart patterns The falling wedge here is expectant for a bullish breakout upwards.

Earnings are coming and a good report is expected with fixed costs and rising gold and silver

prices. This is the timely catalyst for a trade but not an investment. The penny stock

is selling at a 95 % discount off its price 2-3 years ago. I has nowhere to go but up.

It could be a takeover candidate of one of the larger and more financially stable mining stocks.

All in all, I think this is a good buy going into earnings. See also my idea on spot gold.
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GORO is another ticker worth a good look right now but remember all that glitters

is not gold. Speaking of miners I have a long idea for BTBT, a crypto miners

which has upcoming as well.
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