HECLA MINING CO

NYSE

HL

Very low on the curve , very cheap stock to buy and hold for long term. But first we need to see some bullish signs. Waiting for weekly Descending trend line broken at A before we go long at B

Hecla Mining (HL) strong today with September $3.50 calls seeing 3,200 open this morning, smaller lots and could be a newsletter, but a strong break above the 200 MA today for the small cap in a hot precious metals sector

Gold and silver daily pullback will continue to push this miner lower. The metals shouldl not break the daily impulse, but miners cannot take the pressure after only 1 impulse up. Trade at your own risk!

If current stock market downturn anyway similar to 2016 pull back (or worst), it should push GLD and HL Up!

HECLA MINING COMPANY SHORTING OPPORTUNITY TARGET: 2$

* Some indicators are looking bearish on D1 * "TD Count" has been started to count with red. *Cloud is strong resistance area for this stock. * Target is on Kijun-Sen and fibo. retr. 0,5. **Stock is looking bearish for next week. Monday's closing price is important.

So after the 4th bottom-- buy. In an uptrend you buy 50% lower than the last highs.

So after the 4th bottom-- buy. In an uptrend you buy 50% lower than the last highs.

buys

Leg 1 finally ended. It ends with a 50% retrace of the bull move. 2 more waves to come.

Bought HL here with a break above the previous highs. CDE looks the same.

Then it looks like this zoomed out... after HL corrects 50 to 60% then upwave 2 begins. 2016 marked the reversal. Its about a 2 year up and down.

So now we lower the bar a little and get the little inverted head and shoulder thingy bob. Usually its a 2 year correction..lows are in late Jan to Feb.

This #gold miner should probably be shorted on any bounce $GDX $GDXJ $GLD

Don't ask me how I know this stuff.... compare it to my first HL sketch.

This should be the bottom of HL let the ride up begin

Here is a follow up on HL.. you can compare it to my last chart.

cup pattern near completion, shake out the little guy at $4.05 range, should move quite fast in the uptrend.