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

HUI looks for some long term breakout orlandini121108e

HUI looks for some long term breakout pixel

Related posts:

  1. GoldCorp to go breakout?
  2. Long Term Market Analysis: Which way in 2012?
  3. Long Term Market Analysis: Caution. May not be out of the woods yet. $SPY $STI
  4. S&P 500 Long Term Trends
  5. Tidbit Saturday: Kinross

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