Loading ...Waiting For Tomorrow
Lets see if my analysis works out or not. The chart of Hecla(HL) is telling me it will complete a short term inverted head and shoulder bottom tomorrow. Since the longer term chart also sets up as a bottom formation I believe this is a great low risk entry point for Hecla. Since the count is for tomorrow and the stock might very well tag the 200 day again around 5.25, if one wants to buy, I would put in an order for 5.26 or 5.27 before tomorrow’s open. Since it will be Tuesday(often a down day for metals) you should either get a small down gap at the open or a selloff sometime during the day. (This is not investment advice just my opinion.) 
FGC posted instructions for charts that expand when clicked on. Not to be picky, but old eyes dearly appreciate expanded charts. Thanks, CM.
Lately my thinking on these silver stocks is as follows: Tend to think they are most likely to bottom with the summer low seasonality. Of course there always is a chance that a this fall they could get crushed in a recession down draft due to the industrial component. Having said that as a possibility I am not going to wait and try and bottom tick these stocks. Realize they wont all bottom at the same time. So I have been buying at down draft lows while holding some cash in case lower lows do present themselves.
One of the reasons I am not waiting and willing to go underwater some is due to the principle sometimes they are cheap enough. and I don’t want to see the train leave w/o me.
Look at MAG knowing the quality it is cheap enough. recently I bought a bunch. Also AYA. I am fully loaded on this stock.
Good approach and I agree. Silver is unlikely to break below the 200 day around $22. As you state, various miners will bottom on their own cycles based on size of potential production, cost structure, management capability etc. Better to leg into the two or three you like best.
One doesn’t see MAG down below 12 very often, so when it was I plunged.
https://stockcharts.com/h-sc/ui?s=MAG&id=p32284274586&listNum=144
Regarding AYA, I consider it the best quality pure silver stock out there.
https://stockcharts.com/h-sc/ui?s=AYA.TO&p=W&yr=3&mn=0&dy=0&id=p91349792899&listNum=144&a=1427098349
Sir Plunger,
Reposting an earlier query about AYA that I asked of you: I read somewhere that AYA was past the first phase of the Lassonde curve, which might have been a biased/incomplete/incorrect analysis.
But you have a different take on AYA. Would you like to share more than just the chart?
Having sold all of my AYA holding, some of it for over 300% gains, I’d be happy to jump back in.
Cheers,
GL