AMEX:GDX   VANECK VECTORS ETF TRUST GOLD MINERS ETF
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GDX at 200d MA, oversold on hourly, ready for a bounce up
Trade closed: target reached
chances ruined now?
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kevin1533 samandreasfault
guess not. got a pretty good bounce
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Im looking for at baby bounce to 24.30 tomorrow in the short term, as I've got lotto some GDX Oct 28, 24 calls for tomorrow, hoping for a gap up. If it breaks that overhead DTL, then 25.60 gapfill is next price target
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kevin1533 kevin1533
it hit my short term bounce target 24.29. Sold lotto GDX 24 calls bought yesterday expiring today for 2x profit and half my next week 25 calls for 1.5x profit. Hold rest of next weeks calls.
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Isn't this a classic bear flag?
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What are the odds of a good bounce, you think? It's looking pretty scary right now.
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