JNUG did gap up this AM but is not as strong as expected for this to be a 3rd or C. It did climb itself on top of the 50 fib and appears trying to form a base there. So I bumped my stops to 8.13 which is just below the low of today. I really would like to see this put in higher highs and higher lows from this point at least form wave 3 or C up to the $10-$11 range as the next step.
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