Wednesday, 13 October 2010

Breakout in HUI Gold Bugs Index at last? P&F chart. 2010-10-13

Although a breakout in the HUI Gold Bugs index of 'unhedged' gold miners has been touted for a few days, a quick look on stockcharts.com revealed today that the Point and Figure chart is now actually showing an 'Ascending Triple Top Breakout' as of 13th October 2010. Here is the webpage - the P&F chart is the bottom one in this gallery view of daily, weekly and P&F charts:

http://stockcharts.com/charts/gallery.html?$HUI

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