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Re: 123tom post# 3666

Sunday, 01/29/2017 7:32:21 PM

Sunday, January 29, 2017 7:32:21 PM

Post# of 11291
A few more highlights to the NUGT chart....



just showing the resistance areas around 15-17-18
and highlighting also the reverse head and shoulder potential at the 7.20 shoulder ,and maybe 8.50 area,

IF this pattern would become a bullish wave pattern, it needs to make a pullback at some point, that retests some support low, like the 7.20 or 8.50 area, and then make the next rally wave into the higher target zones up around 18-20 area.

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