Hive is to Crypto Mining what Amazon is to online Trade...! Technical consolidation finished... last chance to get shares below 4$... institutionnal loaded big tooday (TD and National Bank), while some weak hands retails solds.... Closed above 9SMA 20SMA 200SMA and in the upper range of Finnobinacci range. Technical perspective is A1 for breakout tommorow.
Fundamental is also HUGE on this one :
It is important to read arguments below carefully. Chance like this are 1-2 x per life... I do hardly believe in the potential of the stock to reach 4-5$ this week and over 12-15$ by years end.
A huge multi bagger that could soar 300%-1000% this year with a good execution.
Being on a free electricty spot is PRICELESS,
People have to understand that they rent mining space, so exemple :
You send them 100$, they give you 3% per month (and they keep 11-12%), after 3 years, you made your money (120%+-) and they made 3-4x what you've made. What they do is they buy miners and run them for you
So they are borrowing money people to buy miners in order to generate cash, it's a pure profit operations. They take your money (initial investment) and they run it free (electricity is 98% of expenses in theses kinds of operations)
Expect 4$+ tomorrow morning,
Regards
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