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JederkannGlueck
Sep 18, 2013 6:38 PM

GDX - long after breakout Long

VanEck Gold Miners ETFArca

Description

Yes, I waited for that breakout to happen.
Now I am long and hope for a lift off ;-)
Just my personal view...
Comments
blackalphamale
Yea, as along as the hui does not break 217 to the downside
blackalphamale
Look at the June 26th to JUly 5th GDX daily, then look at Sept 18 to now.
JederkannGlueck
thx, blackalphamale. looks pretty similar I would say today like June 26th to July 5th - except the downmoves are much bigger - think we'll see a shakeout around 25 on monday and a nice bounce the days after monday. I'll put my stop loss order under the September 13 low . . . what do you think?
JederkannGlueck
got stopped out of half of my position, but still betting on a big bounce . ..
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