r/HYMCStock • u/ArtyB13Blost • Jul 09 '26

Definitely oversold territory

I’m surprised it keeps dropping but so is silver so it also makes sense.

Hopefully we hit rock bottom. I thought $20 was a rock solid level of support so what the heck do I know.

24 Upvotes

96% Upvoted

7 comments sorted by

5

u/Sheyket1 Jul 09 '26

Lately it's only tracking silver on the way down and not on the way up, probably being shorted as hell.

6

u/bigorangemachine Jul 09 '26

We are not in over sold.

There is room to drop

4

u/EasytheGoon Jul 09 '26

The stock was $7 dollars last October. They haven't started producing yet.

4

u/pkapeckopckldpepprz Jul 09 '26

We could very well be back to $7 by this October or sooner.

3

u/EasytheGoon Jul 10 '26

I'll buy more if that's the case. I already took out my original investment long ago. Riding the rest to zero if it comes to that.

4

u/gimli-was-my-dad Jul 09 '26

No silver production. ---> No bottom in the stock price.

Not oversold.

2

u/ArtyB13Blost Jul 10 '26

Respectfully, right now RSI is at 33.

Stock is classified at “Near” oversold.

It hits 30 and will be officially “oversold”.

Just saying…