Hummingbird Resources Share Discussion Threads

[plat hunter] 11/3/2021 10:56

Resistance on the 20 ma, 2nd day of trying to break it out of the last 3.Only a matter of time

[johnhemming] 11/3/2021 08:00

If nominal yields keep going down in the USA


One would expect upward pressure on the gold price.

[bikwik] 10/3/2021 20:16

You can breathe a sigh of relief cinoib...the gold train looks to be really leaving the station proper this time. A rising tide lifts all boats. The gold tide appears to be rising. The awesome oscillator on the daily and weekly chart of gold on trading view has got to rock bottom levels and is starting to turn up. Check out the charts for yourself. See how it ties in with previous very oversold levels. Plus Joe Browns observation that massive gold shorts by the bullion banks are starting to be reversed ties in completely with the charts. They are no mugs.

[borderterrier1] 10/3/2021 17:28

BrushyTit sounds more like Dynamite Deadbeat all the time doesn't he? And once again on the LSE bb this morning he posts more delusional dribble "20 bagger" etc. If what you say is correct, BrushyTit, why is the share price still going DOWN?

[borderterrier1] 10/3/2021 14:09

I'm convinced he is Del Boy. Who else would have such a high opinion of himself? share price 50% of where it was as a mud field five years ago? Don't make me laugh. The guys a complete nut.

[johnhemming] 10/3/2021 11:38

9:43am by Michael Green
Contrarian value investors are always on the look-out for shares that the market has overlooked. In times of economic uncertainty - when stock prices become erratic - good quality stocks can become cheaper. The question is whether LON:HUM">Hummingbird Resources (LON:HUM) is currently one of them.

Buying good quality stocks at cheap prices is a popular stock market strategy - but it isn't always easy to tell the difference between a genuine bargain and a value trap. Often, it's the quality of the stock makes all the difference.

The LON:HUM">Hummingbird Resources share price is currently trading at 21.68. And the promising news is that it has some of the traits that are often associated with two influential drivers of investment returns: high quality and a relatively cheap valuation.

To understand where they show up, here's a closer look:

[plat hunter] 10/3/2021 10:36

Not a bad range and short term target if you ask me.


Easy ride back to 29.5, I hope you've all got your bags packed, we're going on a trip.

[plat hunter] 10/3/2021 09:22

Funny thing is Border, everyone think's it's you.Same initials too, spooky

[johnhemming] 09/3/2021 21:29

The underlying point is that there are commercial fundamentals as well as the price of gold that affect miners. The commercial fundamentals for Hummingbird are good. When I compare (gold) miners Hum are in a (relatively) strong position from a fundamental perspective.

In the end I quite like stocks where the risk is only to the up side.

[bikwik] 09/3/2021 19:26

So you would have thought that Pasafino would have performed better than Hummingbird. Well not really as this chart shows.

In fact Pasafino has fallen a greater percentage from last August than Hummingbird.

Since 1st Jan this year Pasafino was down 40% and Hummingbird a little more at 44%.

Pasafino has yet to break its recent downtrend, but Hummingbird has already done so. I think HUM may surprise us all on the upside. Stay with it!

[bikwik] 09/3/2021 19:19

Here's a chart of Hummingbird and Ian Stalker's Pasafino Gold:


free stock charts from uk.advfn.com

[bikwik] 09/3/2021 19:17

Jordan-Roy-Byrne of the daily gold had a worst case downside scenario of $1690 some months back after gold peaked at $2075 last August. He hadn't expected it to get that far...nor did I for that matter.

However, as we all know the market surprises most of us most of the time...lol. It pays to be humble!

Clearly his $1690 target was the 61.8% retracement level....it has got there...and a smidgeon more. But it sure looks like this is a good place to bottom. Its also the bottom of the 7 month downtrend channel. So that's intercepted with the 61.8% level....so giving us a timing signal.

Note the stochastic....very oversold...like late 2019.

This baby is going UP.

[bikwik] 09/3/2021 19:09

So we could be near or at the bottom...Joe Brown.

Here's a marked up chart of gold:


free stock charts from uk.advfn.com

[bikwik] 09/3/2021 19:06

Gold is looking very nice indeed. A chart follows this link. Please listen to the full 10.32mins:

[plat hunter] 09/3/2021 16:16

Hull Moving Average is showing a reversal and and the share price kissed the 20MA earlier today on the bolliger bands too.

[cinoib] 09/3/2021 15:30

BIKWIK, yes my Paf is up 9% but need a lot more to break even and am surprised the yanks aren't shorting it for a change.

[bikwik] 09/3/2021 13:36

Polymetal has bounced from the 61.8% retracement support level (of the March 2020 to last Autumn's high). It's not the only one that's doing this. Gold stocks are leading gold! Gold will respond soon.

[bikwik] 09/3/2021 13:33

Take a look at the line chart above these posts. It's made the first higher low since this year's downleg. In other words the trend is changing to up.

[plat hunter] 09/3/2021 10:19

Your loss Dan.

[danieldanrichardson] 09/3/2021 10:11

Lol Plat. Even you are going to call it right at some point. Probably not here though. I've not seen any of the trades you mouth off about come good yet. Keep trying!

[plat hunter] 09/3/2021 09:49

Dan, don't just watch me do it..Trade the range here, just look at the chart here over the last 8 years, it's a gift. You don't even need that much either, you could easily spare 5k for an easy 20 bag over the next 5 years.Get on it.

[plat hunter] 09/3/2021 09:44

Unfortunately not Bigdazz but i just youtubed them for a listen anyway... Very Hacienda

[danieldanrichardson] 09/3/2021 09:38

Good question Plat. If you announce you've sold out the price will probably go up. If you're still holding, it will probably go down. That said, I acknowledge past performance is not always an indicator of the future.

[cinoib] 09/3/2021 09:27

Bikwik I hope you are right as am in a deep shade of red just now with my gold stocks and I also thought that $2,400 was a more realistic target after the last bull run ran just shy of $2,000.

Fsawatcher, can you translate that into English as most here don't read double Dutch. or slang, even Yorkshire slang is better than your clap trap.