HL- a silver mining pennystock LONG

1 เม.ย.

HL shown on the reliable daiy chart while spot silver is uptrending. demonstrates multiple

bullish signs including a cross over the POC line of the volume profile and now the confluence

of a 200-50-20 triple convergence coindident with a cross of the long anchored mean VWAP

and a gaint ( "gib ass green") engulfing green price candle of 7% magnitude with volume above

the running mean. The Price Momentum Oscillator and Relative Trend Index lend further

support to a bullish bias here. I will take a long trade in HL of both shares and call options to

complement my positions in gold. Targets are 4.9, 5.4 and 6.8 yielding the potential of a very

profitable trade over in next six weeks before earnings and perhaps beyond that.