Hummingbird Resources HUM is a gold miner, which stocks are traded on the London Stock Exchange. It benefits from a very low valuation with a PER of less than 4 at the time of publishing. After a lengthy consolidation inside a descending channel the stock price now hits the lower channel's boundary in a super oversold condition. It is time for a bounce in direction of the upper channel boundary, before expecting a channel's break to the upside.