Tuesday, September 27, 2011

Live Trade: HL

You can see a perfect set up there on Hecla Mining HL. The shares are recovering from this the crash that all the mining stocks experience with the stochastic's perfectly positioned at the bottom and turning up. Right now we can take a full position 100 shares at $6.06 and put the stop at the 52-week low of $5.50 to ensure a maximum loss of $56.

Buy 100 shares of HL@$6.06
Stop at $5.50

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