WadeYendall
Long

GDXJ Clean break from 7 year range

AMEX:GDXJ   VANECK VECTORS ETF TRUST
GDXJ looking very strong. Significant upside potential.

Comments

Thanks for all your posts...they are fantastic. I'm somewhat of a newbie. How do you determine which dashed line to sell at?
Reply
WadeYendall yellow29
@yellow29, No prob. I use fibs and fib extensions. Just an FYI if your are following my posts...I am generally a short term trade ( 1 - 3) day holds using options. I take profits on the way up and very impatient with losers. Enjoy trading.
Reply
yellow29 WadeYendall
@WadeYendall, Ok. So then for GDXJ are you expecting it will reach the $117.28 fib level?
Reply
WadeYendall yellow29
@yellow29, No clue, it may not even reach the first target, but it has that potential so I will take profits on the way up and leave a bit on for the big move. You will have to decide on your risk tolerance, position size time frame ect.
Reply
yellow29 WadeYendall
@WadeYendall, Ok...I understand! Thanks again for sharing Wade - greatly appreciated! :-)
Reply
Cpeel00 WadeYendall
@WadeYendall, same lol
Reply
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