Ideally need a close above 304-305 to be convincing. Don't have a good feel ST so staying put for the most part. Added some DROOY at 1.23 just an initial position just in 1 acct so far. Looks pretty washed out, but if the sector makes new lows something around $1 wouldn't surprise me. Just to make it difficult a close around these levels on the HUI prior to the econ data tomorrow would keep everyone guessing. A gap up/down would probably in order. Volume really lacking so far.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.