[isatrader]

Thank u Isa...That's kind of leaning to but I thought I was favoring the stock and giving it the benefit of the doubt... If that's the case my buy point should be around 4.34, correct?

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I think I'm wrong, the buy point is now

Not necessarily, as there's no arbitrary point at which to buy a pullback. It's simply about analysing it's behaviour, i.e. has volume contracted on the pullback etc (it's increased), and then determining when it has bottomed. And for this you also need to analyse Silver as well, as that will determine a lot of it's movement.

My personal technique is to go down to the 2 hour chart and apply the same chart settings as the weekly chart, and then to use Stage Anlaysis to determine the Stage on that timescale - which in HL's case currently would be Stage 4 on the 2 hour chart. So for me I'd I'd be looking for a pullback entry once it's in at least Stage 1 on the 2 hour timescale, and back above the 30 SMA on that timescale which would need to be flattening or turning back up. Or as I'm more conservative I'd wait for the Stage 2A breakout point on the 2 hour chart, once a Stage 1 base range has formed.

I've attached the 2 hour chart for you of HL and SLV