What Makes This Trade Great: Hecla Mining (HL) Short Setup π₯
What Makes This Trade Great: Hecla Mining (HL) Short Setup π₯
Feb 23, 2026
Hey everyone, Barrie Einarson here from Trade Ideas, and today I want to break down one of my favorite recent setups β and why it caught my attention in a big way. To Subscribe: https://go.trade-ideas.com/SHQ
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Our AI flagged $HL (Hecla Mining) as a short opportunity at $24.97, and the stock has since dropped all the way down to $23.73. That’s a beautiful move to the downside, and here’s what makes it really interesting.
Now, HL is a precious metals play β we’re talking silver and gold. And on this particular day, both silver and gold ETFs are looking strong. Like, really strong. Meanwhile, the broader market is sitting down about 7 points on the SPY. So you’d normally expect a silver and gold miner to be catching a bid along with the metals, right?
Wrong. HL is doing the exact opposite. It’s running counter to its own sector, and that divergence is what makes this trade so compelling to me. When a miner breaks down while the underlying metals are flying, that tells you something. There’s no commodity tailwind to bail it out β the weakness is real.
I didn’t find any specific news to explain the move, and yeah, it was a little choppy along the way β some bounces, some noise β but the trade played out. The AI nailed it.
Keep watching for these kinds of setups where a stock diverges from its sector. That’s often where the best opportunities hide.
β Barrie Einarson
