WC1
Long

Another ascending triangle, another gap, TP 15-16

AMEX:JNUG   DIREXION DAILY JUNIOR GOLD MINERS INDEX BULL 3X SHARES
64 0 0
We have yet another ascending triangle. We closed near the highs for the day. We have gapped up 2 days in a row. Gaps tend to come in 2s or 3s, so could very easily have another tomorrow. I'm looking for an extension of this pennant/triangle to 15.

TP1: 15
TP2: 16.23 (close gap from 10/3/16

Invalidate this trade if we fall below today's low of 12.67
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