The 134.17 target given here earlier is dismal to contemplate, so we’ll look on the bright side today instead. And there is potentially good news to offer, since it wouldn’t take much of a rally to put bulls solidly in charge of HUI’s short-term prospects. The accompanying chart shows why: A thrust exceeding the external peak at 179.51 would create a quite promising impulse leg on the hourly chart. That’s just 6.52 points above yesterday’s high, and so we have something to root for. With any luck, we may be able to get long on the breakout, or possibly on the follow-through rally if it triggers subtly enough.