Replies to post #6642 on Direxion Daily Gold Miners Bull 2X (NUGT)

[gw323]

Its a great Risk / Reward trade. If this an inverted Head and Shoulders pattern, then we are at the bottom and no sense in waiting for confirmation above $96.00 when we are bouncing off of support here on the GDX . We have had six trading days bouncing here on support. If we break support a tight stop and only a few bucks are lost. Support holds and someone who just waged a million will have lots of millions , LOL.