chartwatchers

GDXJ - A possible bottom

Long
AMEX:GDXJ   VanEck Junior Gold Miners ETF
The situation is the same like GDX.
The junior miners broke below the 200 SMA and starting to bounce out of the false breakdown.

Same RSI divergence, MACD is close to cross over.
It's a buy with a stop below yesterday's low.

Comment:
The down trendline is broken too.
Trade closed manually:
Closing price: 31.02$
2,29$ profit/share
7,9% profit
Comment:
Waiting for the gap to be closed.

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