AnishBadwe

HBM Bouncing off a support level-Target $10.40

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AnishBadwe 已更新   
TSX:HBM   HUDBAY MINERALS INC
HBM has bounced off a long held support level. Last few trading days tested lower prices but the bulls won.
MACD and Stochastic show growing momentum and it returning from the oversold zone.

Even if HBM is simply in its trading range, we have an opportunity to buy in so that we can make a sweet 12% if it makes its way to its resistance level at $10.40.
In my opinion, it could possible break past its resistance level.
交易進行:
Today, the bears are looking stronger than the bulls. The target of $10.40 may not be reached but the trade should be closed soon for a good profit nonetheless.
交易進行:
HBM is approaching the target of $10.40!
交易結束:目標達成
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