AMEX:NUGT   DIREXION SHARES ETF TRUST DAILY GLD MINERS INDX BULL 3X SHS(P/S)
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If you think that GOLD is going to go long out of this noted NUGT stock triangle, this set up is for tomorrow for a BULL run here. Lets say that stock went up 0.20 on 2,500 shares (yes, that is under $25,000 capital for this trade) at current PA of $9.79 & you get out at $9.90 per share. Keep your stop losses close to entry PA & move stop loss up to break even ASAP , after you are IN THE MONEY.

Yes, that would get you around $ 500 profit. Both indicators VWAP and Ichimoku cloud shows a positive for more upwards direction. You can calculate how much profit you would make on same situation, if you bought 1,000 shares instead of 2,500--- all stock trades you should have a plan.

Do your own analysis and remember money management and your capital you have to trade with.
Hi Panda, a good catch. It may be a decision time for NUGT. :)
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