Triple-bottoms play for $NUGT

Take a look at the daily chart below.

NUGT_daily

Can you see the “triple-bottom” with a slight angle to the upside on the trendline?  This triple-bottoms can only be confirmed if price does not penetrate the low of Sept 13th.  For me, this represents a low risk trade.  I bought a starter position today with a GTC hard stop below the Sept 13th low.  Let’s see if I can hit the ball over the park “again” this time.

My 2 cents



Categories: NUGT

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