Silver Miner Component Stocks-HL

I just went through the silver miners and found 1 stock that stood out above the rest, HL (Hecla Mining).

 Here's HL (green) compared to SLV. HL had a much bigger price advance then SLV, but also topped out earlier.

 HL is at a multi-year support/resistance level (currently support). Note the advancing volume on the last advance, this is healthy volume behavior that is rarely seen over the last 2-3 years.

 Surprisingly, 3C looks very strong on the daily chart.

 The hourly chart shows a positive divergence through most of June, currently n a leading position.

 The 15 min chart is also in a leading positive position.

The rule of thumb with triangle consolidations is to look for 5 points of contact before a breakout, we have 5 and HL s very close to a breakout.

I think the risk/reward equation is pretty good for HL here, even if you were to buy now and have a stop around $7.00. Position sizing can keep the risk below 2% of portfolio.

Tomorrow I'll bring you some gold miners