$JNUG Primed for a Dead-Cat Bounce?JNUG is the levered junior gold miners ETF. This has been torched from $100 to under $5 in a matter of weeks because these are heavily indebted companies that can no longer mine for gold because of virus concerns even as the price of gold surgest to test multi-year highs. But even a brief reprieve could produce big gains if well-timed.by GregFolin225
Pick up JNUG on the dipJNUG recently dropped from $100, and it made a run at $13, only to get pushed down to $4. It is extremely volatile and could move 50% any day. It is also oversold so you can pick it up for very cheap. If you find my ideas helpful, please give me a like and a follow. Thanks!Longby anand_swamy212122
JNUG Capitulation SnapbackJNUG has had a crazy decline in its ETF due to the fall of GOLD. It has blown past oversold signals and now has capitulated, where the sellers have all gotten out and now there are only buyers left. Today had 20x relative volume of selling. This signals to me a bottom in Gold for the time being. The risk is 5:1 with no real downside, as GOLD will not go to zero. Taking a standard risk of only 2.5% of my account in this play. Longby BBTrader29998
JNUG to Explode to $135-140+ Soon; $240 in April a PossibilityI posted quite a lengthy idea recently regarding my thoughts on Gold and where I believe Gold is going; to avoid repetition, I will attach the idea below for those that are interested in background analysis. As for JNUG, I believe within the next 10-14 trading days we may see JNUG explode to roughly $140 with only very small to small pullbacks. Towards this level we will eventually overshoot off this level and whether we trade in a new channel remains to be seen. Not until we get closer to the 130 level will I be able to confidently conclude whether JNUG may continue to explode higher in due time, or if there will be a more meaningful correction. At this time based on fundamentals and how significantly miners are lagging Gold Spot price, we will likely overshoot this level in a massive way. Therefore, with most mining stocks severely lagging the price of Gold Spot, if we can get a relatively significant-ish pullback in equities (5-10%), yields continue to fall (or stay low), and the virus more importantly, continues to linger (as it is), we could see JNUG explode to the $240 level by late March, or within the first two weeks of April. Not until Silver gets to at-least , $22.50ish can we begin to draw conclusions that a near-top MIGHT be upon us. Near-Term Target (Mid March or Sooner): $135-140 Potential Target (Early-Mid April or Sooner): $240 - zSplitLongby PaulDeep19131Updated 171722
Crazy OverreactionI honestly don't know what's going on here. Gold was down less than 1% today and yet JNUG is down nearly 20%. Honestly I think this is a great buying opportunity as far as gold goes and the gold miners.Longby MonetaryRebel11115
bull flag about to finish in this bull 3x etf minners goldI , in this time buying and buying carefully step by step this bull minners gold etf (watching powerfull bull flag in this time frime)Longby alifx01Updated 11
Buy Gold (Jnug x3)Gold is investors favorite indicator for crisis or relative growth (gold bearish). As Coronavirus spreads. Gold will rise.Longby LongCall755
JNUG: Finishing Wedge; Still Eyeing 125+ before AprilAround Christmas time I made two bold predictions: JNUG and USLV would be sharply higher by April (or before) and my prediction still remains. It appears both Gold and Silver have held support and are mirroring the move from this past Summer where both failed a break-out, maintained support, consolidated, and are now grinding higher slowly before a large impending rally. The Pre-Fed breakdown and latest breakdowns are nothing more than manipulators stopping out retail investors for liquidity. In reality these are all buying opportunities rather than shorting opportunities. Compounded over the next 5 years (from 2019-2024 averaged out), Gold and Silver stocks will be by far the best performing stocks in the market. Both Gold and Silver will continue to grind higher and I expect the rally to start anytime in February. In terms of JNUG, it appears it is 'finishing up' its wedge and can break-out to the upside at any time. - zSplitLongby PaulDeep191312216
JNUG – Looking to Breakout of WedgeChart Details Long consolidation wedge ready for breakout. Caution with gaps above and below. World events and monetary policy tell me this goes higher. Next Daily trend is Bullish. Weekly trend already Bullish and turned up. Weekly RSI trend is our guide for stop. Price target $100 Stop $74 About Me www.moneypatterns.com Options Strategies, Video Technical Analysis, Instant Alerts, Specific Options Order Entry Details, Daily Updates, Equities & Crypto, Weekly Breakdowns, Charting Service, & More in Members Area! Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts and on www.moneypatterns.com Longby MoneyPatterns557
HARD COMPLEX WAVE ESTRUCTURE IN THIS BULL GOLD MINNERS 3X ETF NOW IN FALLING WEDGE FINISHING CORRECTIVE STRUCTURE IN THIS BIG TREND THEN FOR BULL POWER MOVES.Longby alifx01Updated 24
JNUG - Short Term BullishI AM NOT IN THIS TRADE Per request, here is an update for JNUG I do think that gold and gold ETF's will turn bullish if general market turns down. Each person has their own preference for Gold ETF's (if they use them). I prefer GDX for price and pattern. Chart Details Price broke out of blue wedge and then yellow triangle as expected. See last chart. If JNUG breaks most recent ATH around $100, this can indicate a new pattern. More analysis/data is needed at $100 to see how price reacts. Let me know if you need update later. I will help if I can. :) Entry Options If I was already entered, I would hold and would be watching $110 for possible exit, or stall of price. Should go up to fill gaps. If I am not entered, I would look to enter long at lower gap fills or return to 10WeekMA. About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. I am transitioning to my new website www.moneypatterns.com and have updated my name previously jbird7839. Same guy - new name. :) Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish Previous JNUG Chart by MoneyPatterns11116
JNUG: Bye Bears: JNUG to $130.00What I called back in mid November has came to fruition: Gold is finally gearing up for its 'true bull run'. What we saw this year was a premature run based off USA-China trade, however now, we will start to see the real bull in the making. A re-test of 155-1560 is very likely before between late January and early February with new multiple year records thereafter. 2020 will be a fantastic year for Gold, Silver and Platinum. Don't forget about Platinum! PPLT (etf: bullion) and Impala Platinum (IMPUY) are the top Platinum picks. - zSplitLongby PaulDeep19131Updated 7717