Adventure_Joe

HYMC heading for a breakout? 7/12/2022

Long
NASDAQ:HYMC   Hycroft Mining Holding Corporation
HYMC seems to have changed its trend. You will see that we have entered with higher lows and higher highs. This could signal a breakout above 1.10 testing its next resistance level at 1.19. If the momentum continues then I would say that we could break out of the 200 DMA. However, there is A LOT of resistance at the 1.19 level.

The MACD just crossed over and I am getting signals on the 3, 13 EMA Cross. The volume also seems to be steadily increasing with today being one of the better days for volume.

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