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small-cap

One NASDAQ – Listed Metal & Mining Stock at Resistance Levels: TMC The Metals Company Inc

Nov 27, 2023 | Team Kalkine
One NASDAQ – Listed Metal & Mining Stock at Resistance Levels: TMC The Metals Company Inc

TMC The Metal Company Inc

Company Overview: TMC the metals company Inc. (NASDAQ: TMC) is a deep-sea minerals exploration company focused on the collection, processing and refining of polymetallic nodules found on the seafloor of the Clarion Clipperton Zone of the Pacific Ocean (CCZ). The CCZ is a zone of abyssal plains and other formations in the Eastern Pacific Ocean, with a length of approximately 4,500 miles.

As per our previous US Daily report published on ‘TMC’ on 03rd November 2023, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 0.87 based on “price action, recent key business and financial updates, momentum in the stock over the last month and technical analysis and the stock price has now moved by ~60.92% since then and the price has crossed resistance 1 and resistance 2.

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

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