The
backlink for JNUG is nearly useless because of the recent reverse split but I do want to point out that M+M continue to trade in synch with the markets and if the markets are heading into wave 5 down the M+M could see their final "AVI wash out bottom" occur. I suggest that we remain vigilant to this possibility.
We have 3 waves up in JNUG. It would be nice to see this develop into a HT 4th. But a sudden break below the lower rail could leave us with an owl so stops should be set in the $43 range to protect from that taking back profits of the last couple days.
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