Get started
HUT 8 CORPHUT 8 CORPHUT 8 CORP

HUT 8 CORP

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

HUT trade ideas

Hut 8 Mining vs Bitcoin Looking at crypto mining stock, HUt 8 vs BTCUSD, we see that, although on a USD chart HUT * Mining has gone up significantly, when placed against bitcoin, it still could have much further to go, just vs bitcoin, and the USD gains would outshine this majorly! I am holding some for outsized gains. Hut 8 Mining Corp. engages in cryptocurrency mining infrastructure company with industrial scale in bitcoin operations in Canada. It provides investors with direct access to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency. The company was founded by Andrew Kiguel on June 9, 2011 an dis headquartered in Toronto, Canada.
TSX:HUTLong
by altinAdam
HUT - weekly break out with volumeThought I would chart a canadian crypto stock for any canadian followers. Hut 8 Mining Corp. operates as a cryptocurrency mining company in Canada. On the weekly chart, it has broken out with volume last week. The MACD is crossing up as well, 10% short interest. I looked at the HIVE chart as well, but there was some selling friday. Once the Fed approves the stimulus bill, I expect Cryptocurrency and Gold to move up further. Have a great day! Stay Safe!
TSX:HUTLong
by hockeysniper
1
HUT long term downtrend breakoutIt looks like HUT's long term downtrend breakout is near. The RSI already broke it's downwards trajectory. A lot of alternative coins gained a lot of up movement recently as well as other crypto related stocks ( e.g. HIVE, RIOT ). There's a possibility for some small downwards movement to the support line or more sidewards movement. However considering all the points I mentioned before let's me to belief HUT will shine with a nice upward movement soon as well.
TSX:HUTLong
by apolloriver
2
Possible inverse hns setting up1)On the weekly we can see bullish momentum picking up for this ticker looking at the indicators layed out and we even have a macd cross over.. 2)There is significant insider buying happening at 1.2 $ if you take a look at ceo.ca. 3) If you compare the left and "right" shoulder then we can see bullish divergence . 4) Value- This company mines bitcoin and as you can see it appear to be lagging quite bit from the price of btc especially if we take a look at the last couple of months, so imo this is a great value play on going long for btc with a lot less down side. 5) With the falling value of the dollar that will inflate the value of crypto 6) With the halving that happened on may 11 , it usually kick starts a bull market which can be argued with btc's recent price action. Once that happens I believe people will take notice to HUT potentially leading to a much closer correlation with bitcoin and with that more gains. who knows what will happen to this ticker if btc reaches 20k within this year. Based on the technicals and fundamentals I believe this has great potential.
TSX:HUTLong
by gNnairdA