Hui on the breakout?

Wasn’t gonna post something on Gold for this early morning. However, I saw the 5.37% move in the HUI on my Yahoo Stock widget, I have to check it out. Support at RSI and stochastic has been forming on the weekly charts. We may see a breakout from that huge triangle. The target? Might be some wheree close to 420.

Hui on the breakout? hui220806cj9

Hui on the breakout? pixel

Related posts:

  1. Trend Watch: A different kind of Head and Shoulders forming on $SPY?
  2. Trend Watch:Cup and Handle on $EEM?
  3. Emerging Market Equities: Breakout!
  4. Trading Log: Weekly Strategy
  5. Trading Log:$spy Bearish still.

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments

good call on the HUI breakout. the key pivot point and 38% fibo was taken out today (just barely). monday will provide final confirmation and we will be loading up if 353 HUI holds.

we focus on gold, silver and energy. couldn’t tell you a thing about tech or pharma, but lots of good insights on metals and energy. check it:

http://www.goldstockbull.com

Leave a comment

(required)

(required)