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Bullboard - Stock Discussion Forum 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... see more

TSXV:HIVE - Post Discussion

HIVE Digital Technologies Ltd > H.C. Wainwright gives HIVE a "Buy" rating - $9.26 target
View:
Post by JackCross on Jul 05, 2023 2:45pm

H.C. Wainwright gives HIVE a "Buy" rating - $9.26 target

*not investing advice, reviewing information released from my broker*

Current technical patterns look like an Upside Breakout with a ceiling in the $7.70-$8.10 analysing the last 100'ish days. Support is creeping up to about $4.09. 


Still swinging a little with the price of BTC, shown with a bit of weakness at the start of the trading day when BTC dipped. Looks like we're starting to decouple a little from the range we were sitting in with BTC since the start of the year. Cautiously optimistic as long as there are no shocks to the price of BTC.

Comment by MrVerbatim9800 on Jul 05, 2023 11:58pm
Pretty sure we wil see a peak of around $15.00 if BIT goes on a run, before it comes back down to $9. It went to $9 when BIT surged to around $24000
Comment by JackCross on Jul 06, 2023 11:05am
Probably some consolidation first. Global BTC market has some stuff to sort out this week.
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