Hi guys, HCMC looking fairly promising right now, seeing the following bullish indicators (excluding fundamentals) - Breakout from a multiple week downwards trend - Bounce off the levels we had as support before the big run up - Flipped the 200SMA, yet to properly test as support but nonetheless a good sign Fundamentals still haven’t changed as such, while this...
Seeing some really nice action on HCMC at the moment… a recent breakout of an ascending wedge would lead me to think more upside is there in the short term. As for the mid-term this is all about hype building up to the 26th of Feb when Morris decide if they’ll settle or take to court. Long-term entirely depends on mid-term, should the case go to court it could...
He we can see the continuation of the bullish momentum that HCMC has
Currently in a upward trending channel, obviously we had the large spike but that is due to the hype around the stock and large buy ins. Obviously we would expect this trend to continue but fundamentals always top the technicals so stay frosty 🥶
Alongside with incredible fundamentals there is now some sold technicals to compliment.