Sunday, February 04, 2018 9:17:41 PM
JNUG about to hit low target. On watch for possible reversal.
Over all look on gold. 1300 could be a big support area. The daily and weekly charts have the MA's lined up sequentially which allows for a nice bull run on a longer term.
You can't ask for much of a better chart on the weekly than this IMHO. MA's are lined up sequentially, and an Ichimoku cloud that is bullish on a weekly chart!!!!
60 minute chart on JNUG where I look for possible targets.
Daily JNUG getting close to that fib .786 to .886 area again and the RSI is also getting close to the oversold bottom
This is a my favorite chart set up. There is a divergence on the RSI, followed by an nice push, then a retest of the signal zone and then new fractal lows are made which gives us a trigger to enter the stock short in this case.
JDST
Over all look on gold. 1300 could be a big support area. The daily and weekly charts have the MA's lined up sequentially which allows for a nice bull run on a longer term.
You can't ask for much of a better chart on the weekly than this IMHO. MA's are lined up sequentially, and an Ichimoku cloud that is bullish on a weekly chart!!!!
60 minute chart on JNUG where I look for possible targets.
Daily JNUG getting close to that fib .786 to .886 area again and the RSI is also getting close to the oversold bottom
This is a my favorite chart set up. There is a divergence on the RSI, followed by an nice push, then a retest of the signal zone and then new fractal lows are made which gives us a trigger to enter the stock short in this case.
JDST
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