Let me reassure you that this vehicle looks TERRIFIC from a Hidden Pivot perspective. For one, the apex of last week’s strong thrust exceeded the 375.60 target shown in the accompanying chart by a whopping 10 points. Also, the spike created a fresh bullish impulse leg of daily-chart degree by surpassing a key high at 359.79 recorded back in September. My hunch is that HUI will need to rest for at least 5-8 days before taking its next leap, but if and when that occurs, we can use 391.16 as a minimum objective. Please note that it will have to do somewhat better, exceeding the 413.32 high from last July, to refresh the bullish trend on the daily chart yet again.
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