Direxion Daily Gold Miners Bull 2X (NUGT)

[CowBoE]

Thinking NUGT will trade within $7 range for a bit.

So I shorted @7.90 average in AH.

I still have long side bias over the next days and weeks,
but until it breaks above and close over $8,
I'll trade with assumption that it'll bounce around within $7.

I'm not risking too much though...my stop limit will be $8.11.

I'll risk .21 cents, and I'll look for at least .20 to
.80 cents on the profit side.

I also trust that $7 will be reasonable support for now,
and I'll go long near low $7.

Basically flipping back and forth, until $6 or $8 is breached.