HBM trade ideas
HBM - LongBase on technical anaclasis only:
My entry was at 4.53$.
First target is at 4.85$
Second target is at 5.65$.
the optimists among us could dream on the third and last target of 6.16$.
If we will break 4.17$ level I will get out from the trade
#DYOR 🙊🍒
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HBM Looking for a breakout on the Miners!!Breakout above $9 Will trigger the ascending triangle price target of $20!!
Miners and commodities will spike!!
HBMHudbay minerals sweet long term chart, daily flag inside of larger weekly flag. A great way to participate in the base metals bull market. Another is Teck.
HBM looks ready to capitalize on Copper's long term cycleClean energy play. Long.
Tested the 50SMA multiple times, yesterday's candle was very bulish, multiple analysts raised their targer to $12 (RBC)-18 (BMO)
Hudbay MineralsEntry: 7.50$
Stop: 6.30$
Target: 13.50$
Risk-Reward-Ratio: > 5:1
Stopmanagement: Parabolic SAR weekly chart default settings
Description: The chart provides a perfect bull flag setup. The correction of the flag retraced to the 50 Fibonacci retracement and the duration of the correction took about 25-50% of the time of the pole
$HBM can rise in the next daysContextual immersion trading strategy idea.
Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $8.12;
stop-loss — $7.48.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Hudbay Minerals: China's imports of metals are boomingHudbay Minerals (HBM) is an under-the-radar miner of a variety of metals - ranging from gold and silver to copper, zinc and molydenum. As metals prices continue to strengthen with the global economic recover, the company is ideally positioned to benefit.
$hbm HudBay Minerals, Inc. 20% UpsideHudBay Minerals, Inc. operates as a mining company, which engages in the production of copper concentrate, molybdenum concentrate and zinc metal. It focuses on the discovery, production, and marketing of base and precious metals. The company was founded on January 16, 1996 and is headquartered in Toronto, Canada.
HBM - Still Channel BoundHBM is a junior copper play with exposure to base metals, and precious metals (Gold, Silver) This is a junior which will benefit from the copper reflation and gold play. Realistically a big guy will buy this company over the next two years. I see this realistically 10+ in two years from a deflation point of view.
HBY Minerals Long IdeaHBY - On Full Symbol Scroll of Peter Brandt of fractor trading - interesting stock with a very long 6 year H & S pattern
Fall from parabola classic 90% in its history as well - if stock breaches H & S bottom target and breaks out, could
be a good long play - sound fundamentals
HBM.TO on watch for daily breakout continuationWatching the HBM hourly equilibrium setting up following a huge move on earnings. Key levels I'm watching right now are 6.71 resistance and 6.58 support
HBM - Mining stock with good entry to short or longHudson Bay Minerals is 50% off January high and mining not favorite for many but it's
in small-cap under $10 stocks that can give good double digits this year.
Turning up off baseline entry as copper futures are also turning around.
HBM entering support zoneHBM entering support zone, I think it will jump back up a bit, accumulate and get back up more.
Looks like HBM is ready for a positive move.We had every reason to drop with today's market, but closed with a bullish hammer instead
$HBM Chart updateThe 100WMA should cross the 200WMA soon. I think HBM is going to rocket for the next few months.
HBM Bouncing off a support level-Target $10.40HBM 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.
200 WMA nearing a bottom?The more I look at the HBM weekly chart the more bullish I become on this stock entering 2018
