Wednesday, October 14, 2015

[JNUG] update

Per the backlink, JNUG seems to be entering 3rd of 3rd action. 



Buy the dip and then do not be quick to sell.  Use loose stops to stop loss at this point more than to lock in profit.  I will be letting this run more than usual here because the way I see this we need $120-$150 out of this before we hit real resistance.  That is not to say I won't try to play the larger pullbacks in that move but I think that any surprises will likely be to the upside.

Current chart is below.

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