EmileLetellier

Bat Pattern on NUGT ( in a symmetrical triangle)

Long
AMEX:NUGT   Direxion Daily Gold Miners Index Bull 2XShares
We can clearly see that the stock is following a symmetrical triangle pattern. The stock has been oscillating between these two lines for months now. There is also a BAT pattern in formation at this very moment. I would buy in the 30$ area on monday and sell in the 34$ area few days later.
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