Replies to post #1447 on Direxion Daily Gold Miners Bull 2X (NUGT)

[SmarTrader]

So whats your exit goal and where do you forsee the short term bounce going to? I'm thinking 5.70 or so

[tokyopua]

Due Dilligence, I cant get my 60 ema lines to look like yours. It actually seems like something is weird about yours, they are flat and dont curve down the way it seems they should ?

[dude iligence]

From my previous post you can see all the Miners were Down Hard On The 60 but not $gold. The chart will update after the close and with the price dropping below $1200 could get a punch on the weekly side. Long NUGT is a good place to be right now IMO I trust this indicator so much from experience I bought 10,000 shares of NUGT and an addition 5000 yesterday.

http://stockcharts.com/freecharts/gallery.html?s=%24gold