NASDAQ:HIVE :: #usstock #dyor #nfa Note 📌 it's ETHERIUM mining ⛏️ company Holding #crypto stocks is high risk and may cause lose 100% ur liquid 💰 Phase 1 :: BUY ACCUMULATION -> $2.2-2.6 Phase 2 :: BUY ACCUMULATION -> $0.5-0.7 i don't think 💬 it will reach 2nd phase 📍 If that happens sign 🛑 no new high 📌 Will return to ur 1st phase 📍 later...
GDC has ran up over 400% after coming out of nowhere to ascend parabolically over the past several trading days. Relative volume is about 5-10X the normal average volume in the past months. Price action consolidated as the early buyers took their profits. Consolidation is shown on the chart as a regression channel bounding the fade. This pattern is...
The weaker dollar has led to prices for commodities climbing sharply and quality mining stocks generating substantial gains. This has occurred in the face of the Federal Reserve raising interest rates at the fastest pace in history. Rising rates normally strengthen the dollar and we did see a USD rally in the first half of 2022 when the Fed began raising rates....
if we can hold this it can become a new bottom/support if we fall below the range we may have significant downside.... with the way the market has been moving i am looking for support to hold
Look at the chart, we had a double top that didn't play out. That means that the price is going to the other direction so up. This is a gold and copper mining company. Both metals are ripping. I would buy a good position here and if it drops buy more. Is very unlikely to break down the strong support. BTW while you are holding, it pays you more the 4% yield...
Cleanspark is on pace to reach 10eh/s in the next 30-40 days. That is late july early august. They have the miners on site and racking. They also have the miners already purchased and being delivered to reach or possibly exceed 16eh/s by the end of the year. This is a miner that has been lagging against all others. As book value goes they are severely undervalued...
Slowly but surely, Agnico is devoting itself to the current downwards pressure. Despite the occasional counter movement, the share should soon reach and break through the support at $31.03. Thus, it should arrive in the yellow zone between $19.10 and $10.08 to complete wave (2) in yellow. As soon as this is done and dusted, Agnico can turn upwards again, climb...
The Fresnillo-bears can announce a first success: Finally, the share has arrived at the support at GBP 610! Next, our furry friends should push Fresnillo below this mark to gather further downward momentum. Then, the share should also pass the support at GBP 456.60 to develop wave C in turquoise. However, there still remains a 20% chance that Fresnillo could...
Fibonacci on stock and MACD fit here and wondering if anyone uses fib retracement. Looking to see metal stocks repeating themselves with Gold, Silver, Palladium, Rhodium hitting new highs while Nickel and Platinum getting ready for own run. Uranium repeat of 07-08 and 11-12...too?
Ever heard of the Barrick Bears? They are a great team, which should help to push our primary scenario for Barrick. Currently, they have to fight against a little bullish counter reaction, but soon they should drag the share below the support at $12.65 and into the yellow zone between $11.97 and $6.32. There, wave (2) in yellow should end and therefore a fresh...
This one is on the weekly. It may take a few months to play out. It could also break to the downside, what will determine which way the pattern breaks is if NASDAQ:SSNT closes the merger with Bitcoin miner, Rhodium.
Rio Tinto – Mining Market Cap: €1.35 bln Price: $61.74 6 Month Dividend: $2.24 (c.3.2%) – March 2023 Quote Dividends recently cut significantly from $4.79 in March 22 (c.5.7%) to $2.24 April 2023 (c.3.2%). Chart - Whilst the long term trend is up with higher lows on the large pennant since 1990, we have not made a higher high since May 2008 and this is a...
Is the increase in hash rate increasing share price for mining companies i would like to know if this is indeed a catalyst any input on the subject is appreciated
Barrick still has got heaps of digging operations to do. The share should continue the downwards movement it has started from the last high of wave (iv) in blue and drop below the support line at $12.65. Thereupon, Barrick should enter the yellow zone between $11.97 and $6.32 to develop wave (2) in yellow, whose low should then complete the overarching downwards...
After it had initially been dragged back to the bottom of the blue zone between $13.94 and $21.88, Pan American Silver is currently taking another whack at resurfacing from its depths. By now, the course has managed to establish a new high since the end of wave (ii) in blue and should continue the ascent. We expect the share to leave the blue zone on the northern...
Has Fresnillo gotten lost, hunting for Easter eggs? We don’t think so! We rather understand the share to be swerving, interspersing its way with a little counter movement. Soon, the course should return to the main path and fall below both the supports at GBP 610 and GBP 456.60 to continue the descent. However, a 30% chance remains for Fresnillo to make a more...
Gold and GDXJ on 9hr chart Gold rising here again -Miners lagging -Miners may be doubting this move -Buying back my miners, I still think theres banking risk in the system None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
First Majestic is still wading through the turquoise zone between $12.36 and $6.89 to finish wave 2 in turquoise. To achieve this, the course still has got some room for maneuver – at least until the bottom of the turquoise zone. However, it also might have already completed the current movement, thus continuing the ascent. As soon as that is the case, we expect...