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GDX FORECAST AND COMMENTARY - VANECK VECTORS ETF - GOLDGDX in the buy zone below green line. Stoploss below white line. Profits are lines above. The only thing stopping this thing from going up is the price of gold. I'm personally bullish on gold and recently bought some. Gold is trading pretty high and could absolutely go lower, don't think it can't. I have a good friend who has been buying gold for the last 20 years and he's praying for it go lower, haha. In all seriousness though the Maxx Momentum indicator showed a squeeze to the down side, so it could drop past 31. THIS IS NOT FINANCIAL ADVICE. THIS IS COMMENTARY AND RECORD KEEPING ONLY. Be safe out there.
AMEX:GDXLong
by SatoriTrades
MARA One Of The Largest Bitcoin Miners In North America 10% upOn May 24, Marathon Digital Holdings Inc., (NASDAQ: MARA) announced plans to build a new bitcoin mining facility in a binding letter of intent with Compute North. About the partnership The new data center will be home to 73,000 OF Marathon’s previously purchased ASIC bitcoin miners as part of a 300-megawatt data center located in Texas. Marathon will be required to provide Compute North with an 18-month bridge loan of up to $67 million in order to build the facility. The contract will last for three years and every year the amount will increase three percent thereafter. It is expected that once all its miners are installed, the harsh rate will be about 10.37EH/s. Moreover, the company’s average mining cost for hosting services, electricity, data center management, and other hosting-related services will be $0.0453 per kWh, and Marathon’s operations will be 70% carbon neutral. “Compute North is a long-term partner of ours, and by expanding our working relationship with them through this new agreement, we have now secured economical hosting arrangements for all 103,120 of our previously purchased Bitcoin miners,” said Fred Thiel, Marathon’s CEO. “This agreement sets us on a clear path to becoming one of the largest, most efficient, and most environmentally conscious Bitcoin miners in North America. Additionally, the structure of this agreement is highly advantageous as it allows us to have the necessary infrastructure for our miners built without the capital expenditure, and it provides us with the flexibility to explore alternative locations, should we require them, while mitigating the risk of price increases. “Once all our miners are deployed by the end of the first quarter of 2022, our hashrate will be 10.37 EH/s, and our operations will be 70% carbon neutral, with our long-term objective being to obtain a 100% carbon neutral footprint.”
NASDAQ:MARALong
by FDGT_academy
WIN.V -- Oversold; AI mining target generation similar to SPOT.VWIN.V is currently under pressure from the .06 financing paper that hit the market last week. A large part of it was likely pre-shorted. 65% retrace from the recent highs, RSI hitting oversold levels... it feels increasingly like capitulation. This may not be the bottom but it makes for a very attractive entry (scaling in) below recent .35 private placement and insider open market buys in the .30s and .40s. The company will have steady news flow during the summer-fall drilling season. They are cashed up for 2+ years (per recent CEO interview). Do not be surprised if it follows SPOT.V trajectory which I called at .13 when it was bogged down by cheap PP paper and that ran up to .90 (7x) on subsequent rebound. Given insider commitment, strong cash position and consistent growth, WIN.V has similar potential, in my opinion.
WLong
by wealth_bakery
2
A Trend to the Upside for this FinTech?This is building from my original idea published for ABXXF, listed here in the US on the OTC; However, you can't really glean too much from it's chart. You can see the original ideas linked under 'Related Ideas". I'm expecting the cup and handle formation to continue with it reaching resistance around CAD$4.40-$4.45 (US$4.20). > The 4-Hour Charts for ABXX & ABXXF, both, currently on a green '2' candle. I'm expecting a full 9 candle trend to the upside to continue. A green number '2' candle sitting on top of a green number '1' candle is very bullish. If all goes to plan, the green '1' candles on the daily-charts for both ABXX & ABXXF could give us the same trend I just mentioned above. Regardless of these technicals, I really like this company and believe in what they are trying to achieve. The Company: Abaxx is a blockchain and ESG company focused on commodities like LNG (Liquified Natural Gas ) and Gold! Abaxx Tech came to the market through a RTO (Reverse Take-Over) of New Millennium Iron (NML & NWLNF). The serially successful mining and media billionaire mogul, Robert Friedland, was one of Abaxx's first angel investors. Abaxx Technologies has multiple subsidiaries. One of the subsidiaries is the Abaxx Exchange where Abaxx Tech receives a royalty for the commodities listed on the exchange. See more info about the company on its websites: Abaxx.Tech & Abaxx.Exchange **Keep in mind I'm an amateur investor nothing I say should be seen as financial advise. I am a small shareholder in this company because I believe in their mission and what they are trying to achieve. I've been a shareholder since the company was called New Millennium Iron when I learned that Robert Friedland was an angel investor in a young entrepreneur and ex-Goldman Sachs exec named Josh Crumb, founder of GoldMoney. I listen to 'Smarter Markerts', an Abaxx-sponsored podcast to learn more about the titans behind the Abaxx in the world of Mining, Blockchain, Finance and ESG. At least listen to the first episode where Robert Friedland lays out his vision behind a greener future. He discusses the importance of ESG, blockchain, batteries, copper, and more. You'll understand more as to why I'm so interested in what Abaxx is doing. I am long ABXX.
NEO:ABXXLong
by the13thalien
1
Slow Moving Abaxx Tech Is About To ShineThe Company: Abaxx is a blockchain and ESG company focused on commodities like LNG (Liquified Natural Gas) and Gold! Abaxx Tech came to the market through a RTO (Reverse Take-Over) of New Millennium Iron (NML & NWLNF). The serially successful mining and media billionaire mogul, Robert Friedland, was one of Abaxx's first angel investors. Abaxx Technologies has multiple subsidiaries. One of the subsidiaries is the Abaxx Exchange where Abaxx Tech receives a royalty for the commodities listed on the exchange. Brilliant company with proven leadership. See more info about the company at: Abaxx.Tech & Abaxx.Exchange The Trade: Since the inception of Abaxx has moved rather slowly. It looks to be building on what looks to be a cup and handle pattern on the Daily, Weekly, and Monthly charts - All look super bullish!! The daily chart shows that a small cup has formed since ABXXF started trading on Dec 18, 2020. As of today, Mar 29, 2021, we seem to forming the handle with a few days left for this month of March. The price may fall between $2.96 and $2.88 before rebounding to complete the handle formation. If we include the price action of New Millennium Iron before the RTO, the weekly and monthly charts for ABXXF show a much larger cup and handle formation. The resistance level and breakout point will be @ $4.18. Blue skies ahead for the green company. See the link for related idea below. Abaxx is currently listed on the Neo Exchange in Canada and on the OTC in the US under: ABXX & ABXXF This is not investment advice. I am long on ABXXF and have been a shareholder since it's inception through the RTO.
OTC:ABXXFLong
by the13thalien
1
HNT Before The Herd GrazesBoth fundamentally and technically, this project is about to jump straight from high school to the majors. If you are not yet familiar with what Helium is all about, I am not going to put myself in a position to spread false information #DYOR. Moral of the story, the chart is #bullish in my opinion, and if people now are making $100+ per day using the miners they cannot seem to make enough of just yet, this is merely the beginning. Did I forget to mention these miners use an incredibly small fraction of the energy traditional miners do, and that HNT has an upcoming halving; but the mining rewards will NOT be cut in half. Grab yourself a Helium miner if you get the chance. Not financial advice. The 200d price target is incredibly conservative on my part as I see this coin as nothing other than a triple digit coin, I expect a move very similar to #Filecoin when people just did the research. Good luck out there!
HLong
by g3rmxyz
$MP - correction finished?On the technical side, the first 5 wave move from SPAC merger to march 2nd high has retraced more than 50% and bounced off the 150d SMA and EMA....the pattern off the high is a perfect 3 move correction hitting the 78.6% on wave b and the -0.5% on wave c.....on the financial side, they're the only fully integrated rare earth mining and processing facility the western hemisphere, and are looking to cut off north American dependency on Chinese rare earth metals. Looking for 34 > 41 > 45 as wave 1/3/5 targets.
NYSE:MPLong
by ir-rizzle
1
COBALT ETF (ASX:JRV+ASX:COB+ASX:CLQ+ASX:CLA+ASX:AUZ+ASX:ARV) I've created a list of companies to represent the price of Cobalt Mining Stocks on the Australian Stock Exchange, similar to an ETF. Cobalt appears to be in early stages of a market cycle with utility across high-growth technology/industrial sectors: electric vehicles (lithium-ion batteries), semiconductors, renewable energy, etc. Please do your own research before making an investment decision, this is not financial or investment advice. Due diligence is important.
ASX:JRVLong
by AaronHynninen
4
METALS - GXYModel Forecast for Galaxy Resources Ltd: - Model has produced Line of Least Resistance Elliot Wave for GXY. - Cup and Handle breakout. - Galaxy Resources is a leading producer and developer of lithium. - We are bullish on commodities, especially metals. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
GLong
by UnknownUnicorn1043646
1
ConfluxJust listed few weeks ago on Binance. Conflux is a great Mineable coin, when ETH will switch to POS, those coins in POW will jump. Dyor more about it. the fees to send CFX are ridiculously cheap. Conflux is a public, permissionless blockchain bridging Asian and Western communities and economies, to enable the secure flow of assets and data across borders, protocols & applications. The Conflux protocol is fast, scalable, and solidity compatible, with zero congestion and low fees. Headquartered in Beijing China, Conflux has expanded its global operations with a diverse distributed team across four continents, and additional offices in Toronto, Canada and Lagos, Nigeria. Conflux originated in the research lab of Turing Award recipient Dr. Andrew Yao at Tsinghua University. It is based on a Tree-Graph consensus mechanism that optimizes for security, scalability and decentralization. In 2018, the Conflux Foundation was formed, and a regulatory compliant fundraise was completed to build an open infrastructure based on this breakthrough consensus mechanism. Established as the only state-endorsed public, permissionless blockchain in China, Conflux is advancing education and research in blockchain development through the Tree-Graph Research Institute, in partnership with the government of Shanghai and the Key Laboratory of Blockchain Infrastructure & Applications with the government of Hunan. Trading Parts : Buy zone : now around 1$ TP1 : 1.37$ (ATH Security TP) TP2 : 1.55$ TP3 : 1.85$ This coin not have yet the volume it deserves so be patient and be there before the pump, also follow the King moves! Stay Safe. Happy Tr4Ding !
Long
by thecryer
16
GG....waiting for some guidance from goldIn a series of ascending wedges...green line represents the long average. I think we hit the end of the current triangle and with no gold news, continue in this .225 - .27 range. If gold gains some traction, along with the recent deal with backing from Palisades (that the market seems to have mixed feelings about), we could see GG pushing back into the .32 range. Working towards the recent highs will still take some work. I think the market went crazy for a minute with a bunch of sky is falling short term investors. This is the cooling period, shake out the stupid money that thought they were going to be millionaires based on a reddit post and then get back to realistic long growth.
TSXV:GGLong
by Honkytime