HBM - Innocent until proven guiltyHudbay Minerals IncBATS:HBMElliottWaveBelgiumThis one is trying to break out and it could have legs if overall market conditions improve. I believe we could see one of those 3 drawings play out. (Of course nothing is on scalew, if we see any pullback if any, could be below the red breakout line). We have to stay on the bullish side for now since there's no sign of a reversal just yet. (Two green drawing). I'm prepared and hoping nonetheless to go short on any sign of reversal, especially if we see price pullback a bit and then can't bounce back and make a new high. That would be my ideal short entry. (Red drawing). But as I said, it's innocent until proven guilty, so go with the trend.