GDXL Position trade

11 mai 2018

-71 Week Symmetrical triangle
-Convincingly on the right side of the 200SMA on a daily and weekly basis
-Bollinger band contraction within the bounds of the triangle weekly with daily squeeze at boundary cross
-Good (not great) daily volume

30 basis points of risk (as always) planned

11 mai 2018

Note

Buy stop order @ 34.49 initial 30 basis points
Stop @ 32.75
Three potential targets being 42.31, 47.25 or just below 52
Looking to build a position and take profit at these levels

11 mai 2018

Note

GDXJ, not GDXL. My mistake.

13 mai 2018

Note

Buy stop shifted to 34.60
Stop loss shifted to 32.86

14 mai 2018

Note

Order is a daily close only order now