HL daily set up$2 is an important level and if HL gets above here and silver resumes the uptrend, I believe it will have en explosive rally despite the bad fundamentals and debt.
1HL trade ideas
Making lemonade after I chased.Not a fan of this company, but it's had some good set ups in the past. It's a slow mover, and disappoints, but I think this set up seems likes not all is lost (after I jumped the gun this week and bought at the top thinking the breakout above 2.07 was imminent. Classic noob move.
First target 2.18, next target 2.45, next target 2.92.
Yeeesh.
feckn mmmewn HLTHIS IS THE BOTTOM
its the next bitcoin.
Who cares how much debt this company has if silver prices take off, profit margins will increase exponentially.
HL / Hecla is worth $3.50/share (Weekly 340, 204 & 500 Hull)HL / Hecla is worth $3.50/share (Weekly 340, 204 & 500 Hull)
HECLA Mining #HLVery 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 key weekly base/trend breakoutHecla Mining (HL) strong today with September $3.50 calls seeing 3,200 open this morning, smaller lots and could be a newsletter, but a strong break above the 200 MA today for the small cap in a hot precious metals sector
+10% today, buy under 2$ in a month or 2Gold 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!
HL LongIf current stock market downturn anyway similar to 2016 pull back (or worst), it should push GLD and HL Up!
HL 10 WEEK CONTINUATION RECTANGLE WITH BREAKOUT CANDLEHECLA MINING COMPANY SHORTING OPPORTUNITY
TARGET: 2$
HECLA MINING CO. IS LOOKING BEARISH ON D1* 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.
01-11 HL Chart (by Got Goldies)Leg 1 finally ended. It ends with a 50% retrace of the bull move. 2 more waves to come.
01-03 HL Chart (by Got Goldies)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.
01-03 HL CHart (by Got Goldies)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.
Hecla Mining - A Clear and Present DowntrendThis #gold miner should probably be shorted on any bounce $GDX $GDXJ $GLD
11-29 HL Chart (by Got Goldies)Don't ask me how I know this stuff.... compare it to my first HL sketch.
