Short The fall of Nugt Gold is finally breaking down saw a move today that indicated big things good short.
NUGT trade ideas
at $79 the next support level is around $79. This is the area to watch tomorrow if it continues to drop.
NUGTBought pullback to demand zone on 130min (2hr) chart
Entry: 89.30
Stop Loss: 85.00
Target 1: 103.85
NUGTEntry: $97
Stop Loss: $96.45
Target 1: $103.00 (Took 1/2 on)
Target 2: (106-111 Take 1/4th off)
Target 3: ($115-120)
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$NUGT Long with huge pullback today. Several supporting trendlines that helped me determine that $NUGT will be bullish in the next two days.
Please comment on what you think!
Still bullish, pullbacks made it strongerMy $130 target is right around the corner, next wave to $150
Long nugtWe are at the over sold levels on RSI. Thinking there is a high chance of seeing the highs again.
Looking for $80 by tomorrow/FridayThen it could be the entry point for $ NUGT, $GDX, still have weakness.
NUGT healthy pullback, take it down to $80-81then take up to $96, quite possible, still on the bullish trend though.
