649bruno

HL Update: Breakout To Upside

NYSE:HL   Hecla Mining Company
5
Last weekend I published this for Hecla Mining:
Hecla Mining has been a very bullish gold-miners stock . The chart indicates a "Continuation Diamond" pattern.
This pattern is considered a bullish signal. The upside projection for Hecla Mining is approximately 20% in a month. The time approximation can be figured because the "Continuation Diamond" pattern took this long to complete. The percentage may be calculated by the distance from the low ($3.85) to the high ($4.79), this is 94 cents, or roughly 20% up from here ($4.77). (end of my quote)

As you can see-HL did indeed breakout to the upside.
The outlook for-gold-and-gold-miners remains strong (with an occasional pullback along the way).
If you wish to see the "Continuation Diamond" pattern, this was published 7 days ago.

My goal is to entertain and inform. I hope all of your trades go well. Don.

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