JNUG - Leveraged Junior Miner ETF Swing Long
On the 4H chart, I show my analysis that JNUG is ready for an uptrend using the MACD / RSI for confirmation.
A head and shoulder pattern is followed by a downtrend which ends in a double bottom for a reversal.
I see the potential for a significant gain of the ETF and its call options over about six months.
See also my idea on XAUUSD / Spot Gold for a more elaborate analysis and discussion.
Globally, the 49ers are back again and I think it is time to enter this market.
A head and shoulder pattern is followed by a downtrend which ends in a double bottom for a reversal.
I see the potential for a significant gain of the ETF and its call options over about six months.
See also my idea on XAUUSD / Spot Gold for a more elaborate analysis and discussion.
Globally, the 49ers are back again and I think it is time to enter this market.
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