Breaking out a range between $15s n $19s. Favorable RSI and increasing volumen. Nice base formation. According to Finviz, insiders own 77% of floating shares. 12% short float. Maybe a pullback before a rally but price action is OK. Earning release are close (19 May - unconfirmed) so just little position. Target: $24 at least.
After correction of Gold (GLD) day before yesterday. A equity market open for a risk-on scenario, maybe cooldown the gold rally for a while. Today GDX filled the gap of the yesterday decline stopin at $50 (yellow mark). Target $44-$45. First level of Fibonacci.
Price just above SMA200d, previous relevant support. Bullish wedge for a fast and explosive rally, possible short squezze. Target: $270.