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.
Mining
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.
GBPAUD - POTENTIAL LONGGA - LONG
Not a trade signal.
Trade at your own risk.
Trading is risky and does not guarantee profits.
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
RIOT blockchain bitcoin miningGood possible risk/reward pick up now. watching that 72 as a key level to confirm bullish.
stop at $62
target is $100 to 115
Not financial advice
XAGUSD AG ASM silver playsSilver looking decent here in a possible count I have. retesting resistance soon and can see potential in some silver mining stocks. like AG and ASM.
Not sure if I like SLV or XAGUSD better for silver but trying this for now
not financial advice
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.
Like, Follow, Agree, Disagree!
What do you think?
$EBON to Launch Bitcoin Mining BusinessEbang International to Launch Bitcoin Mining Business
Ebang International Holdings Inc. (Nasdaq: EBON), a blockchain technology company in the global market, today held a board meeting and passed a resolution (the “Resolution”) to launch Bitcoin mining business.
According to the Resolution, the Company plans to operate its Bitcoin mining business by adopting a combination of deploying self-manufactured mining machines and mining machines purchased from other manufacturers as well as leasing computing powers from other mining farms.
At the same time, the Company also expects to invest in data center constructions to provide support for Bitcoin mining activities.
finance.yahoo.com
Denison Mines - One Last hoorah?Denison is form an ascending, broadening wedge. We could see one last hooray to 2,5$ until a deeper short term correction is overdue. 2,5$ would be around 300% distance from the 200 MA.
It's not a MARAthon it's a sprint!When you start putting Bitcoin on your balance sheet, you get the LOG chart.
Especially during QE infinity and beyond.
Eventually everyone capitulates.
You + BTC = Winning
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
WM - Walbridge miningalmost ready for the next wave up. this one has been asleep a long time but it's a fav of mine. be warned i am biased on this asset. ;)
Newmont CorporationNewmont could provide us with a good opportunity to buy in on a pullback. Just some perspective.
Silver XAGUSDbullish overall. But its a falling knife right now and need to see some more strength over 27.5 and 5 waves up
not financial advice
Silver Miner’s retail investor-Fueled SurgeSilver-exposed stock $ASM climbed early on Monday, after a surge in retail trading pushed the price of the precious metal to an eight-year high.
Silver has rallied in recent days as some users on social media have seemingly turned their attention to the metal.
“What we don’t know is exactly how this is happening,” said Markets.com analyst Neil Wilson. “Clearing out of shorts by worried hedge funds, retail-driven bid, ETFs flows driving the physical market, smart-money front-running the trade, or a combination of all these,” he added.
The surge came after the dual-listed miner, which has a silver operation in Mexico, disclosed last week plans to sell up to $25 million of newly issued shares into the U.S. market.
Exactly what kinds of investors are behind the current run-up in metal prices and silver-exposed stocks is uncertain, but clearly opportunities have arisen.
A number of posts on the WallStreetBets forum advocated buying silver, while #silversqueeze has also been trending on Twitter. However, many posts also argued against the trade.
“The issuer community will flood the market with capital raises, particularly the U.S.-listed ones who can access the superior liquidity with ‘at the market’ equity issuances,”
www.barrons.com
finance.yahoo.com
Reddit Traders Are Taking Aim at Silver stock $LODE$LODE Would also be one of my top picks if we are entering a Silver Bubble over the next month.
You can clearly see that it's a reverse split and has the lowest float for a silver miner that I could find.
This came after a surge in retail trading pushed the price of silver to an eight-year high. As the war between Reddit board traders and hedge funds continues, it seems to me that a “silver squeeze” could be imminent. Popular subreddit r/WallStreetBets (WSB) could be hinting to bank on silver stocks, which sent prices of the semi-precious metal sharply higher late last week. In detail, one Reddit poster mentioned that the silver bullion market could also be one of the most manipulated on Earth. The user also encouraged many other retail investors to trigger a short squeeze in silver paper shorts.
Now to be fair, we know that there is a strong demand for the uses of silver. From solar panels to electric cars and electronics, silver has an enormous appeal as a precious metal and industrial asset. Could silver stocks be the next target for Reddit day traders and their crowdsourcing power? If so, we could be seeing another rally that GameStop (NYSE: GME) has enjoyed so far this year.
Whether or not WSB’s obsession with silver is short-lived remains to be seen, but there’s no question that $LODE stock and other top silver stocks are heating up right now. With all that being said, do you have a list of top silver stocks to buy amid silver’s rapid rise?
www.nasdaq.com
3-10x $EbonFirst Public company to start a crypto exchange. (China, Singapore, Canada for now), low market cap + Graphics card/mining segment. Its heavily shorted, and the technicals are pretty ripe. Don't miss it
