Company Overview: ​ Rupert Resources Ltd. (TSX: RUP) is engaged in the acquisition and exploration of mineral properties in Finland. The company owns the Pahtavaara gold mine and mill, along with associated exploration permits and concessions, including the promising Ikkari prospect all located in the central Lapland greenstone belt in Northern Finland.  HIVE Blockchain Technologies Ltd. (TSXV: HIVE) provides infrastructure solutions for the blockchain industry, with a primary focus on the mining of digital currencies. The company’s projects include its cryptocurrency mining operations in Iceland, among other global sites. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.

Canada Market Round-Up

The S&P/TSX Composite Index (TSX: ^TSX) posted a gain last week, rising 343.84 points (+1.29%) to close at 27,036.16. However, on July 7, the index slipped 15.88 points (-0.06%), marking a modest pause in the recent upward move. Sector performance was mixed. basic materials, technology, and utilities outperformed the broader market, while real estate, energy, consumer non-cyclicals, healthcare, financials, consumer cyclicals, and industrials underperformed. On the macroeconomic front, Statistics Canada reported that real gross domestic product (GDP) edged down 0.1% in April, suggesting a slight cooling in economic activity. From a technical standpoint, the index continues to trade above its horizontal trendline and 50-period Simple Moving Average (SMA), reinforcing the prevailing uptrend. Key resistance is seen near 27,400, while immediate support is around 26,500. The weekly RSI at 69.15 reflects steady momentum and ongoing buying interest.

On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA Employment Change, U.S FOMC Meeting Minutes and U.S Unemployment Claims.