VanEck Junior Gold Miners ETF
Long
Updated

GDXJ

118
This looks like it might moon.
200dma squeezing down as price rides rising 200wma
Note
cup handle bottom. bull flag pattern from mar. 2020 low.
buy set-up trade: L:42 SL:37 ((TP1 =$60 TP2 =$80-85 TP3 =$100+))

Note: **$50-60 area I would consider removing TP and looking for a bullish continuation
Note
perhaps better r:r entries on a lower time frame
Note
well.... took half position off near 50, price is now returning to entry area...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.