Mining
Perfect Diamond Long on $FCX into AprilGet on board this most excellent trade with copper and stock seasonality on your side! FCX has has a great run this year with copper from the bottom rising 400%. This is a great and possibly final leg to get into for awhile that is perfectly balanced inside Camarilla pivots, which I would consider myself an expert in using.
Copper 16YR seasonality nearing a bottom ahead of the FOMC
FCX is in agreement with a bottom near this area
CAN Double bottom/Cup and HandleLooking nice with the chart pattern here with CAN. seeing what looks like a double bottom or cup and handle through 4h & Daily time frame. Plus added confirmation of Bitcoin breakout. CAN compared to MARA & RIOT, looks like there still room for price increase. leaning towards the long side on this one still.
Mara Swing Trade IDEAMARA: favorite crypto mining play that will go up with bitcoin’s overall direction. Dilution somewhat often.
My outlook on BTC is very bullish throughout all of 2021 if your willing to hold in this volatile market, I see MARA as a clear buy.
My team and I have seen great success day trading MARA.
If you are interested in join my stock trading team we are now open for enrollment @ :
doughboyinvestors.org
GSV FORECAST - GOLD STANDARD VENTURESLooks good for longs in this area below green, stoploss below white, targets are lines above - this is not financial advice. dont blindly follow these trades they are for record keeping only.
CAN Bitcoin stock possible breakoutCAN above EMA 8, SMA 20, SMA 50, sma 150, and sma 200 in perfect alignment. Supported by PSAR dot about to switch below the candles. Leaning towards the bullish side on this one, similarly with RIOT and MARA. CAN should be priced above $20 of around $40 - $50 for me. Bitcoin and high market cap cryptos are breaking out bullish flag pattern as well.
China mining ban announcement by April - Bitcoin surges 9% China's Inner Mongolia will end all cryptocurrency mining projects and stop reviewing new projects in industries which consume large amounts of energy, as it attempts to meet energy efficiency targets. All cryptocrurrency mining projects - which require huge amounts of computing power and hence use large amounts of energy - will be shut down by the end of April this year. Inner Mongolia is an attractive "mining" spot alongside Sichuan and Xinjiang due to low electricity prices.
The region accounted for 8% of bitcoin mining computing power worldwide, China overall, accounted for 65% of the total!!!!
$NCTY Purchased Filecoin Mining Machines for US$10 millionThe9 Signed a US$10 million Framework Agreement on the Purchase of Filecoin (FIL) Mining Machines.
The9 had already purchased and deployed Filecoin mining machines, and Filecoin mining has been started. Currently The9 owns an independent node on Filecoin blockchain and 8 Pebibyte of effective storage mining power in the Filecoin network.
The9 will continue to purchase Filecoin mining machines under the Framework Agreement based on the trend of Filecoin price and Filecoin's economic incentive model.
finance.yahoo.com
SOS: Bull pennant formed, PT = $16 this week, then up to 26.Resistance levels ~13$, given rising RS and current BTC hype, with volume this stock should pass that level 13 easily and break above the next resistance at ~16.50.
Intermediate term target (1-2months) = 26+. Stock has little resistance above that level, so with fundamentals / earnings confirmation from the company this is a solid 10x LONG play.
$ANXGF BreakoutReacting great on this breakout and some positive metal prices today. Lot of upside potential here. $ANXGF - Anaconda Mining
Glencore PLCAfter doing some research, I like this company. With the uprising of the EV industry along with COVID recovery in other industries (aerospace, infrastructure, renewable energy movement) I believe this is a good opportunity here for a rise up. Details in photo. Financials are getting better since taking commodity hits all 2020. New Management with a chip on the shoulder I'm sure. Commodities include (zinc, nickel, copper, gold, silver, cobalt, coal, and I may be missing one or two more.) I can see some growth in this company. They also increased their dividends. They literally had to slow up on production due to covid demands. More companies will start shopping around. Let's see what happens! I bought 8 shares and will watch for dip re buys! I know this company will be around. I'll look forward to increasing dividends down the line.
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What do you think?
$EBON to Launch Bitcoin Mining BusinessEbang International to Launch Bitcoin Mining Business
Ebang International Holdings Inc. (Nasdaq: EBON), a blockchain technology company in the global market, today held a board meeting and passed a resolution (the “Resolution”) to launch Bitcoin mining business.
According to the Resolution, the Company plans to operate its Bitcoin mining business by adopting a combination of deploying self-manufactured mining machines and mining machines purchased from other manufacturers as well as leasing computing powers from other mining farms.
At the same time, the Company also expects to invest in data center constructions to provide support for Bitcoin mining activities.
finance.yahoo.com
Hummingbird Resources set to bounce from channel's bottomHummingbird Resources LSE:HUM is a gold miner, which stocks are traded on the London Stock Exchange.
It benefits from a very low valuation with a PER of less than 4 at the time of publishing.
After a lengthy consolidation inside a descending channel the stock price now hits the lower channel's boundary in a super oversold condition.
It is time for a bounce in direction of the upper channel boundary, before expecting a channel's break to the upside.
TMZ 14c-14.5 optimal buy if support holds1D. ADX still in a very strong trend (57.8) however, there is growing strength with the bearish directional movement.
Wave trend still showing the stock to be at overbought levels. RSI showing bearishness, with a downward release just occurring.
MACD seemingly wanting to convert into a negative state.
The Chaikin is still negative but neither drastically dropping nor rising.
Volume flow showing a supply release at these levels.
Two anchored VWAP: The first starting at the bullish trend is at 11c, with the second at 14c.
As stated prior I believe optimal entry at 14-14.5c or below.
MMAR still in a bullish state.
Will wait till RSI and MACD start their bounce with volume to support the rise.
Support levels at 15c-14.5c, an curious to see if they'll hold true.
With a run of 1000%, I'm sure some of the millionaires this stock have minted would rather the cash (large supply releases at 17c-> 15.5c), with potential future millionaires absorbing a large quantum of shares through the current drop although yet to be seen if they can stunt the seller supply release.
As always this is my own speculation, please DYOR