in 5(s) there were too many risk(s) - It wouldn't surprise me if some big ones loading up here
better hold 24.62 otherwise chart is broken and could see 20-21 in a hurry too especially if Monday is down day - P&D if trades below 24.62
volume is too strong on bullish side. It would be very difficult to get into JDST unless we see another 8-10% gap up tomorrow for JNUG -
In that case i would be tempted myself too
Let's see how things go 2morrow - miner charts are overbought short term but clearly technically bullish after a long time (bodes really well for investing)
I have IAG @3.5 in my IRA which is in for long long haul.
Closed right at the top price i thought possible -
tomorrow is Friday so i'm not going to say anything at all -
With volume today, It seems everyone wants piece of miners now - I might sell some more early in the
morning (hopefully 32-33)
today mornings gap was huge for me as i wasn't going to be around computer to check the prices and had to keep stop for half - Once it broke 27.6-27.7 (incredible volume) it was given that it's going to 30 -
I tried scalping as trader and got burned period.. (I know it's triple and all and suppose to be trade in/out but i see it as another stock with huge volatility) - gaps always makes me uncomfortable
especially when it's so huge.
I wouldn't go close to jdst unless obviously playing dead cat bounce -
It's clear to me about seeing 30(s) maybe 31.5-32 and then very high chance of seeing 40-42 in a month if not early.
JNUG can see 26.1,27.6,29.5-30 range too
GDXJ - 42-42.2 OR could shoot up all the way to 45 too
GDX can see 25.65-25.75
It could go down to 23.8 at some point too today
My lowest price target for JNUG close is 25.5
Always a chance of pullback on triple(s) but why risk huge gains which i believe on the cards..
30 seems given to me and then i would revisit the gold price.