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mid-cap

One NASDAQ- Listed Cryptocurrency Stock at Resistance Level: HUT

Jan 07, 2025 | Team Kalkine
One NASDAQ- Listed Cryptocurrency Stock at Resistance Level: HUT
Image source: Shutterstock

HUT:NASDAQ
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

Hut 8 Corp. (NASDAQ: HUT)

Hut 8 Corp. (NASDAQ: HUT) is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner.  As per our previous US Dailies report published on ‘HUT’ on 2nd Jan 2025, Kalkine provided an Speculative Buystance on the stock at USD 20.49 based on technical analysis and the stock price has now moved by ~30.16% since then and is trading above target 2.

Noted below are the details of support and resistance levels provided in our previous report:

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