AMEX:JNUG   DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES
JNUG             has been in an ascending price channel since near the beginning of June. As of 7-23-14 12CST, it is nearing the bottom of that channel.

Currently indicators such as EIS             , PSO             , BB Impulse, MACD (see indicators underneath price chart) indicate downward price momentum. However, there are some indications that some of the indicators could reverse.

Should the Premier Stochastic Oscillator turn up accompanied with a bullish crossover in MACD then, given past history, we could see a move from the bottom of the price channel to the top (or slightly above) of it. This could represent something along the lines of a $10-$11 move on a stock that is well under $30 at present.
I have a different idea on JNUG that I believe will be much better than this one. Will try to post it sometime soon.
Reply
The volume has been increasing too!
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out