HUI looks for some long term breakout
I got into a position in goldcorp yesterday night. Position is down when i woke up.
Nevertheless here is a Point and Figure chart of HUI. The double top breakout seems to be pointing at a far high. We might want to build a good position here and test fire with some GDX or blue chips like kinross and goldcorp
Related posts:
- GoldCorp to go breakout?
- Long Term Market Analysis: Which way in 2012?
- Long Term Market Analysis: Caution. May not be out of the woods yet. $SPY $STI
- S&P 500 Long Term Trends
- Tidbit Saturday: Kinross
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