Xafada

JNUG Bullish Engulfing with A possible break above DTL

Long
AMEX:JNUG   Direxion Daily Junior Gold Miners Index Bull 2X Shares
3
U don't need detailed explanation why we love it. First, we noted in July 10th that Bearish Belt Hold being a scary bearish pattern with target price at $22, it indeed hit that target price, now this engulfing bullish pattern with 3-ema being approached and possible break above descending trend line plus the index 3x violent moves could give u a reasonable target price at and around $33 next 2-months if not less. If u want a real-time alerts when to enter and exit try us www.2waytrading.com

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