Buying GDXJ at Support with $51 Price Target
I'm looking for this support to hold and provide GDXJ with a 15% bump back up to the $51 region.
There's a clear invalidation level just under $43 to provide a tight stop-loss and 5.6 R/R ratio.
This trade could take anywhere from 2-6 weeks to play out. Be patient and let it come to you.
The idea with this trade is simple. Buy at support and Sell at resistance.
There's a clear invalidation level just under $43 to provide a tight stop-loss and 5.6 R/R ratio.
This trade could take anywhere from 2-6 weeks to play out. Be patient and let it come to you.
The idea with this trade is simple. Buy at support and Sell at resistance.