Take a look at FCX for instance. It broke out of it's channel back in late march and overdrove till that channel was only 25% of the total move. These mining stocks are still in their 3rd wave down, and we should see more damage here.
Look for the next Honey Zone down...
FCX HZ <= 62.11-65.87
BHP HZ <= 45.16-47.7
IVN HZ <= 9.25-9.94
TCK HZ <= 33.98-38.4
RTP HZ <= 185.77333-229
disclosure:
I hold some of these stocks in one or more portfolios and am prone to active trading.