NUGT (3x long gold miners ETF) has hit the final target for a 36% gain at the open today with GDX gapping above the T2 level. Consider booking partial or full profits and/or raising stops if holding out for additional gains. The long entry [continue reading…]
DAVE (Famous Dave’s of America) will trigger a long entry on any break above 12.75, which will have taken the stock over that purple minor downtrend line on this 120-minute period chart. R1 & R2 are the first key resistance levels where active traders might [continue reading…]
GDX (gold miners ETF) came within a mere 4 cents of hitting the final target of 15.22 today, printing a high of 15.18 shortly before the close. Longer-term investors might consider raising stops while the NUGT (3x long gold miners ETF) trade will be completed [continue reading…]
NUGT (3x long gold miners ETF) has hit & exceeded the first price target today with GDX (1x gold miners ETF) crossing the 14.76 level, providing a gain of roughly 25% in less than two full trading sessions. I’ve noticed both GLD & SLV moving [continue reading…]
The TNA (3x long small-cap ETF) long trade has hit & exceeded the first target which correlates to 11.75 on IWM, providing about a 13% gain in just 4 trading session. T2 (downtrend remains the final target at this time.
Nice follow-thru on the NUGT Long Trade idea today with NUGT poised to print a gain of nearly 24% on the day. A second price target has been added to the NUGT long trade, which will be set using a print of 15.22 on GDX. [continue reading…]
I have decided to set the price target for the recent LABU long trade at 21.50. This target is derived from the analysis discussed on XBI in the Biotech video posted earlier today as well as the fact that XBI & LABU have continued to [continue reading…]