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TOPIC: HOC possible 123 Low???

HOC possible 123 Low??? 18 Sep 2013 09:45 #1

  • diver993
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dl.dropboxusercontent.com/u/7238706/HOCHSCHILD.png

IMO could fall to around the 200 mark where there is long-standing support. It would also represent a pull-back to the target area between 50 & 61.8 fibs of the recent swing to 291.5.
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HOC possible 123 Low??? 18 Sep 2013 09:22 #2

  • Food4Thought
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Down another 4% so far today. Could move either way tomorrow after Fed news, so worth keeping an eye on IMO.
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HOC possible 123 Low??? 16 Sep 2013 09:12 #3

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All gold/silver miners falling heavily

Rising wedge broke down today. I have trendline support in the 242 area then horizontal support at 215 and the 50% retracement of the 135 move at 213 but that would make a lower low. RSI has broken support and the warning was in the MACD divergence.

Probably better to let this find a bottom.

uk.advfn.com/p.php?pid=chartscreenshotsh...FRVQKpFDyxhi15JQE%3D
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HOC possible 123 Low??? 16 Sep 2013 08:17 #4

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Big sell off here -9%. I have next support at 215
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HOC possible 123 Low??? 13 Sep 2013 09:15 #5

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Yes, I will monitor but it will not hold in the face of gold/silver decline. FOMC next week should set a tone.
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HOC possible 123 Low??? 13 Sep 2013 08:51 #6

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This is still hanging around the resistance area so still looks good for a possible breakout soon.
Id only be concerned if this went below 265 then it could most likely head towards the trend line again.
Nice cup and handle formation on this still. So worth keeping in your watchlist ;)


dl.dropboxusercontent.com/u/4899609/hocm13thsept.png
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HOC possible 123 Low??? 13 Sep 2013 08:25 #7

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Stopped out there. Gold and silver look like they will crash and burn. Pity, chart looked very good for a while.
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HOC possible 123 Low??? 07 Sep 2013 09:22 #8

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My last comment was rather silly. HOC is following Gold of course duh.
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HOC possible 123 Low??? 06 Sep 2013 15:06 #9

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My chart had the breakout from 274.40

It is not often you see a chart like this one and the timing was perfect also, very nice indeed.

The combination of NFP's being revised down, which could defer QE3 tapering, and Syria should be good for precious metals. I find it a little odd though that HOC was falling whilst the Fed BS was expanding and rising when tapering was suggested. I guess it must have been internal fundamentals.
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HOC possible 123 Low??? 05 Sep 2013 21:51 #10

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Slightly different view from remo's but direction is the same - Long position :)

3 123 lows - first in July, 2nd blue colour on chart and 3rd big bold black on chart below :

h1417ed7.png


Broke out of the big bold black 123 low today, also broke out of I H&S neck line.

Long today @ 277
dyor
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HOC possible 123 Low??? 05 Sep 2013 10:44 #11

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This already had a 123 low breakout in july when abudawud mentioned it.
Theres a clearer looking one that is forming and this comes right at a resistance level so if this does break out the move could be powerful.
so the level to watch out is 283.
This also has a cup and handle formation at the same level so one to watch.
This also broke out of its short term down trend line recently.
This is from this weeks share tips ;)


dl.dropboxusercontent.com/u/4899609/hocm5thsept.png
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Last Edit: 05 Sep 2013 10:44 by remo.
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HOC possible 123 Low??? 23 Jul 2013 10:49 #12

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Looks like this has broken out today
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HOC possible 123 Low??? 22 Jul 2013 10:46 #13

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Hochschild Mining
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HOC possible 123 Low??? 22 Jul 2013 10:25 #14

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hi abudawud
what company is this????
thanks
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HOC possible 123 Low??? 22 Jul 2013 09:59 #15

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Cant put up a chart as unfortunately but is a 123 breakout happening now on this?

1 - 154
2 - 141


Anyone confirm?
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