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HIVE Digital Technologies Ltd. V.HIVE

Alternate Symbol(s):  HIVE

HIVE Digital Technologies Ltd is a Canada-based data center company. The Company owns green energy-powered data center facilities in Canada, Sweden, and Iceland. The Company also builds and operates data centers in North America and Europe. Its hardware powers cutting-edge projects ranging from Web3 to AI and high-performance computing (HPC). It operates a fleet of approximately 38,000 commercial-grade NVIDIA graphic processing units (GPUs). The Company's GPU fleet includes 4,000+ NVIDIA A40s w/ 48 GB RAM, 400+ NVIDIA RTX A6000s w/ 48 GB RAM, 12,000+ NVIDIA RTX A5000s w/ 24 GB RAM and 20,000+ NVIDIA RTX A4000s w/ 16 GB RAM. It operates over 100 MW of data centers in Canada. The HIVE Cloud is an enterprise-class service offering affordable computers for demanding applications, including AI training and inference. It also operates 46 MW in Iceland and Sweden. It also operates a 30 MW data center in Lachute, Quebec and a 70 MW data center in New Brunswick.


TSXV:HIVE - Post by User

Post by rljpon Feb 16, 2018 7:10pm
106 Views
Post# 27575922

The technical outlook

The technical outlookCan't really say one way or the other but if its all real then it should go back up which I would add with confirmation. And maybe it goes MULTIPLES even. There does that satify the detractors. :)

What a tripolla. 

Hive latest TA Chart

And for comparison a MACD crossover in a bullish set up. After a good consolidation we break out of the flag and crossover at the same time with a volume push. Fundamentally the story is sound and away you go. If it were to break back down bellow the breakout point you stop out. Risk management not a personal affront to your investment thesis. 

Bull flag breakout with MACD crossover Chart


Bullboard Posts