$HGD 2X Bear Gold Miners
This puppy looks poised for a short-term move up to the $3.90/4 area, conveniently after $GOLD hitting a new high early 2020 after the 2019 Christmas Rally.
The chart has simple support/resistance lines drawn (green/red) as well as open gaps (pink) that need to get filled.
This quick swing trade should close the first gap at 3.90,...
There's a million gaps to fill in this chart. As we get into a colder weather stretch predicted for the Eastern US, I expect #natgas to move a bit.
As a quick swing trade, this is setup and ready to go.
Whether it's seasonality, or the fear trade, there is one market that is definitely undervalued and that is the precious metals.
HGU is challenging resistance, and putting up a flag at the most opportune time.
It's go(ld) time.
JET was by far my best performing stock for 2017/2018, and my first 5 bagger.
Chart looks like it's ready for a move again. Similar price action to this time, last year.
Resistance at 0.75 to 0.80 but that is still some nice gains if you can get a stink bid filled as tax loss season ends.
This chart looks like a seasonal play, tax loss season buy with potentially some good high percentage gains.
Not the most liquid name so size the position accordingly.
Technically speaking looks like a trend reversal, tightening bollinger bands + a MACD cross.
Would be nice to get some volume next week to confirm.
IPT has recovered from tax loss selling a bit earlier then others. It's not as liquid as the major producers, but boy is it torqued up to silver.
One of my favorite swing trade names, this should be on everyone's radar.
It cannot be understated the importance of this upcoming week for traders and traditional "buy & hold" investors alike. Is the Fed going to empower us to keep this bull market intact and/or in a trading range, or will we get the start of a waterfall leading us into a bear market?
The SPX has a variety of small support levels, I've highlighted a few in this...