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elingford

$NUGT long swing idea

Long
Direxion Daily Gold Miners Index Bull 2XShares (AMEX:NUGT)  
elingford  
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
Trend Analysis Chart Patterns
4
2
trendanalysis chartpattern
After being severely beaten down from late February to mid-March; $NUGT has formed a clean short term bottoming pattern and now appears ready to pop. I like it long over $10.40 with a $14.92 target. My suggested stop for this trade will be the low of the entry day.
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