Value Wills Out
So despite my being a little early, value wills out in my recommendation of HL at 5.50 recently. Sir Isarmina was correct to stick to his trading rules and HL dropped to just above 5 this week but as I said at the time of the original post, if it did come down to the gap area around 5, that would be an opportunity to add if nothing fundamentally changed. Despite a slight miss in production because of a change in grades at one silver mine, the resulting drop was an opportunity. HL is now up for today, higher than the original 5.50, currently at 5.72 and on it’s way to my original target of 9+ and beyond. Quality fundamentals and a good chart set up.
Thanks for that reco CM – I got in at the bottom as you recommended so very much appreciate your recommendation.
You are quite welcome Sir Banimal. Good luck.