LTH BTDI've traded this in the past,bad news has brought a poss investment...this is pure speculation DYOR(share dilution..etc..)..ive nibbled here,I'd like to see that 50 hold ..Long Term Hold Longby Sharecrazy1
HZM a bit messy but looking positiveHZM looks good but a bit messy no advice given narrow upward channel in a general positive trend Longby Andy_Wa4
HZM LongAfter following since March have been able to identify the trend lines. Also using the moving averages can detect price action. Along with a flurry of news. 2021 stock Longby Burbs2
Horizonte Minerals (HZM) - Long TradeHorizonte Minerals PLC is a United Kingdom-based nickel development company. Monthly low in Feb 2009 (red horizontal line) target entry. Which is also the gap fill 'region' created in August 2019. Hammer candle formed on daily today. Suggesting todays drop was overdone. Also starting to look oversold on the daily. 2:1 Risk/Reward trade. TARGET: 4.4 STOP: 2.8 (ish). Downside: 15% risk to below the daily 200ma which is around 2.89. Weekly 200ma is around 2.96 and 78.6% FIB is around 2.80. Both daily and weekly moving averages, as well as the FIB level should act as half decent support. Upside: AT LEAST 30%. Back to 50% level and previous (recent) highs. Fundamentals: Further funding news is expected in the not too distant future. This week’s drop looks overdone. Drop in nickel price and global markets getting hammered are most likely to blame (rather than a company issue). Notes: I have taken a ’trade’ today at 3.26. Shorter term. However, HZM is also one I hold as a long term investment in an ISA (and have done since 2015). With a 2p average. Thus, my ‘trade’ view may be biased because of my long term holding ;-) Longby HikikiUpdated 666
5.2p-7p next resistance - nickel upswingAbove t-line - bounced off 200ma weekly at 3p One of my biggest holdings - trade pot & core pot. Finance deal on any of their assets will see this rocket. Happy to hold in 2020. Nickel after retrace now on a upswing buy triggers nailed last 2 times on chart. third time?Longby vcm11666
Long term view - Bullish - Support held - 3.5p - 5p Targets 2019Extremely bullish on Nickel for coming months/years We bounced off great support and getting stronger every week. 3.5p is a good slice target but ultimate target would be 5p to start with but longer term as we head to production 5p is way too small vs revenue it will be making in time. Will update chart in timeLongby vcm11Updated 0
Horizonte The journey - Bull run Wave 5 startedFeasability study is this month and as per their tweet they are excited and looking forward to releasing the results. Nickel price is doing well and massive price forecasts for next few years. Chart says it all. Wave 5 started.Longby vcm110
closed above tline & 20ma daily - trend line brake soon?Today was a good day for HZM and we finally managed to make a move above 8ema & 20ma, hopefully we hold the 20ma and start moving to break the trend line and 50ma. October is the catalyst for a Feasability study to come from Horizonte Minerals. I believe the mcap should re-rate when we are closer and news drops. Expect at least a target of 5.20+ Longby vcm112
HZM possible elliott wave count, 1st target 5.5-6p then 7p&8pHZM possible elliott wave count, 1st target 5.5-6p then 7p&8p I think we're about to start a wave 5Longby Doji_Trading3
HZM - Approaching Buy ZoneFundamentals of HZM seem strong, with the BFS on their flagship asset due in the coming weeks. That being said, a persistent seller has been present over the past several months, resulting in the share price drifting lower. Recent cross of the 50 and 200 MA is usually a bearish sign, and the price has now dropped below the 61.8% fib retrace level. Recent support levels line up roughly with previous resistance levels, so potential around the 3.5-3.6 levels for a bounce over the coming weeks, particularly given the RSI approaching 30. Ultimately I think the BFS will move the share price upwards quite dramatically as the project begins to look like a reality, especially if funding plans are already progressing; in the meantime, worth keeping an eye on for a slightly lower buy price. Nickel is also looking bullish for the coming years, giving the potential for HZMs projects to coincide perfectly with strong prices.by CalderCapital222
BULLISH respecting the 50ma weekly - CCI turning to upsideThis chart setup is fantastic, it seems that it respects the 50ma weekly (blue) since April 2016. also holding the 618 fibs from last rise. I bought in last week at around 4.15p as I like the chart setup plus the Feasability Study is coming up in a few weeks, around August I believe. Longby vcm110
WATCHING FOR ENTRY - 618 fibs & 50ma weekly touchThis penny stock every time it touches the 50ma weekly timeframe it bounces. It has bounced over 7 or 8 times with one being a false drop below it over the course of 2 years. For me the buying area will be 4p-4.05p if it lands.by vcm110
HZM HORIZONTE MINERALS 4 hr chartHZM BUY SIGNAL ON THE 4H CHART. BOUNCED OFF THE 200MA, 50% FIB RETRACE & PREVIOUS RESISTANCE WHICH NOW LOOKS LIKE IT WAS SUPPORT. ITS BROKEN ABOVE THE 20EMA AND TREND LINE. RSI TURNING UP AND ALSO POSITIVE DIVERGANCE ON THE CCI (FXSNIPER) STOPLOSS JUST BELOW THE 200MA SEE CHART FOR TARGETS IM NOT LONG YET BUT LOOKING TO TAKE A POSITIONLongby Doji_Trading2