We’re very excited to present our Squeeze Engine, one of the main tools that powers the success of Breakout Multiplier.
After a healthy consolidation phase, industrial metal stocks are once again shaping up to break out of bases and complete continuation patterns.
Here’s today’s standout:
Hudbay Minerals Inc $HBM is currently exhibiting a Squeeze Score of 96.4.
Here's what the chart looks like:
HBM is breaking out of a textbook continuation pattern within the context of an underlying uptrend.
Notice how volatility compresses on the Strazza Indicator during each consolidation phase along the stair-step higher, only to expand again as the stock resolves to the upside.
