Is HCR completely crushed ? HI Traders,
This one its little funky, And as any of my ideas things can go south " its trading "and you make up your mind based on your comfort and personal opinion . I'm just sharing some of my ideas and how I go about it ,
This one its sitting on previous All time Low . This trade can be possibly ! double bottom play .
Not much to say about it, most you can see . My target on this one it's W pivot for now . I wouldn't be surprise if this go lower then current low. There for my small entry its little lower from current position and I'm comfortable with tossing coin on this play ,
PS This also has a gap but its not my target for now .
Cheers .
See you next time .
Any info you have or want to share be free . Your opinion its important to me .
HCR
HCR rebound to $7 ?HCR could potentially be forming a bottom here with Fibonacci as our guide... stay tuned to watch for a bottoming formation and the opportunity for exponential gains could be possible with Hi Crush
HCR - Could it reclaim $5?Hi-Crush Inc., formerly Hi-Crush Partners LP, is an integrated producer, transporter, marketer and distributor of monocrystalline sand, a specialized mineral that is used as a proppant to manage the recovery rates of hydrocarbons from oil and natural gas wells. Its reserves consist of northern white sand, a resource in Wisconsin and limited portions of the upper Midwest region of the United States. It owns and operates a portfolio of sand facilities with on-site wet and dry plant assets, including direct access to the United States railroads for distribution to in-basin terminals. It owns and operates a network of strategically located terminals and an integrated distribution system throughout North America, including its PropStream integrated logistics solution, which delivers proppant into the blender at the well site.
SHORT INTEREST 8.56M 06/28/19
P/E Ratio (with extraordinary items)
2.54
Recommendations: HOLD
Price Target $3.10
