I will be following this post up in a few minutes with my short term outlook for the rest of this week. This is more about the rest of the month and more likely December. In a recent post about Hecla(HL) I said that the chart showed a pattern where it would likely stair step higher by .50 cent increments on it’s way back to 9-9.50. That was based both on it’s chart showing resistance points at .50 cent increments and the Silver chart showing similar incremental points of resistance. Given that Silver reached it’s first new target of 25.45 or so, at the 200 day mvg. avg. on Friday, it now has a new set of targets, once it is able to penetrate the 200 day. Those targets are every .50 cent increment, all the way from 25.50 to 30. The one that has some significant resistance is 28, so that is a more substantial challenge on the eventual move to and thru 30.