Breakout above $9 Will trigger the ascending triangle price target of $20!! Miners and commodities will spike!!
Entry: 7.50$ Stop: 6.30$ Target: 13.50$ Risk-Reward-Ratio: > 5:1 Stopmanagement: Parabolic SAR weekly chart default settings Description: The chart provides a perfect bull flag setup. The correction of the flag retraced to the 50 Fibonacci retracement and the duration of the correction took about 25-50% of the time of the pole
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...
Hudbay Minerals (HBM) is an under-the-radar miner of a variety of metals - ranging from gold and silver to copper, zinc and molydenum. As metals prices continue to strengthen with the global economic recover, the company is ideally positioned to benefit.
HudBay Minerals, Inc. operates as a mining company, which engages in the production of copper concentrate, molybdenum concentrate and zinc metal. It focuses on the discovery, production, and marketing of base and precious metals. The company was founded on January 16, 1996 and is headquartered in Toronto, Canada.
Long Hudbay? $HBM (yet to be confirmed by cooper's move).
Hudson Bay Minerals is 50% off January high and mining not favorite for many but it's in small-cap under $10 stocks that can give good double digits this year. Turning up off baseline entry as copper futures are also turning around.
HBM entering support zone, I think it will jump back up a bit, accumulate and get back up more.
Adding to recent post. Weekly chart for perspective.
We had every reason to drop with today's market, but closed with a bullish hammer instead
The 100WMA should cross the 200WMA soon. I think HBM is going to rocket for the next few months.
In the daily chart it looks like it could turn around soon. Long.
The more I look at the HBM weekly chart the more bullish I become on this stock entering 2018
Price consolidating in 8th week after 50SMA X 200SMA
I do think 2018 will be a good year for this stock
Daily chart looks set to rocket from here
Still think we hit $13ish area for iii of 3