Zooming out on HL I see a clear C & H having just completed formation. This is right in line with my previous post on Silver which is both completing C & H of it's own (10 month cycle) and entering Impulse wave 3 of this bull cycle. I had suggested HL as a vehicle to participate in Silver Price movement so I wanted to follow up with this chart showing the C & H...
Hecla Mining is in a fairly new upward trend and is now at the bottom of a rising trend channel. I would be looking to buy if the stock price can cross the small black bar - that is around 6.5 USD. It benefits from increasing silver and gold prices (which is seen in the increasing net income) and the company is the largest primary silver producer in the U.S....
Description: HL is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $6.5 - $6.9 2. Take profit: $8.98 3. Stop Loss: $6.05 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 94%
The largest silver mining company is the perfect instrument to leverage the silver breakout trade
Hi mates NYSE:HL is perfect setup for long in rectangle pattern here is data for my trade: ------------------------Trade setup --------------------------- Entry: 5.93 Stop Loss: 5.64 Profit target: 7.02 ------------------------------------------------------------------ If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment...
NYSE:HL formind on 4H chart bullish pennant. You can notice rising volume in recent days after earnings. If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together.
HL bounced right at $5.3ish the make-or-break point, a critical level to watch and we should have an answer soon
WHEN SILVER TO MOON? MINERS? I BOUGHT THIS ONE AT $1.8....HAS BEEN A GOODY....NOT AS GOOD AS SOME OF MY JUNIORS, BUT PRETTY GOOD.
Hecla (HL) looks like it will see a breakout soon. CDE should follow. - HH
The beast is slowly awaking... 68$ target before 2028.
Cup'n Handle continuation patern Pros: Descending volume during formation PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 6 250RSI above 50 200MA ascending Target: PT = 8.52$
No real divergence but gold in general is showing divergence.