Old news for many, but Hecla has one of the longest consolidations under this overhead of any ticker ever. Maybe the longest, because I haven't seen a longer consolidation.
One of my teachers said that you can expect the height of the breakout to be roughly equivalent to the length of the consolidation, which puts HL past my targets, but I prefer my targets.
Volume is really ramping up, and I'll make some popcorn. It's not the most exciting ticker I know in amplitude terms, but it should run bullish for a long time, and that alone allows different trading strategies, such as going into long term cap gains ,which are only taxed at 20% in the states.
Best of luck to you in 2025, and I hope everyone make a killing.
One of my teachers said that you can expect the height of the breakout to be roughly equivalent to the length of the consolidation, which puts HL past my targets, but I prefer my targets.
Volume is really ramping up, and I'll make some popcorn. It's not the most exciting ticker I know in amplitude terms, but it should run bullish for a long time, and that alone allows different trading strategies, such as going into long term cap gains ,which are only taxed at 20% in the states.
Best of luck to you in 2025, and I hope everyone make a killing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.