A little bump up off the bottom here on Monday afternoon. Start of something good???
NUGT is going to see 7 bucks a share. Don't discount the EOD position reset. Gold is down big today. Anytime we see a 20 dollar per ounce drop in gold nugt is going to take it on the chin at least 50 cents a share.
I think it may very well see below $7.00/share but not today.
When I said "NUGT may close in the neighborhood of $7.55-7.60" I meant COB today.
Pay attention to the H&S being formed in the last 50-60 minutes. Doesn't suggest a pop, if breaks out, big IF, NUGT may close in the neighborhood of $7.55-7.60