HYMC momentum
Been a few months. I dont post charts just to post them. Seems like a bottom is in as of mid last week across everything. We broke 50D MA later in week...the trend changed 3 weeks ago and we've broken out of that downtrend, plus few technical levels. RSI is running hot...watch that...but I think I'm ignoring it here. Those blue parallel channels are the same channel superimposted at different period. I see resistance at $28...if/when that's broken it is off to the races to $35...if/when $35 is broken it's all new highs time and I'm thinking $90 level. Think it will coincide with big news breaking...there's a few news pieces I'm still waiting to see this year, so revisit my posts earlier in year for what they are. I've bought the past 3 months and the past month and the past week...added 10% to my long position. Cheers!
