GDXJ: Daily, Weekly and Quarterly view

I'm long Jr. miners here, together with positions in oil and oil services, and gold, (and probably silver soon). I think we may get a weekly uptrend confirmation to trigger as a result of the jump towards daily targets that is likely to occur within this week.
The move forecasted by the weekly chart would put $GDXJ back at the quarterly time-frame mode, from where we could consider the possibility of prices surging like my quarterly chart show...very lofty targets indeed. I'm holding a 13% position in this stock as of now.
Best of luck if you take the trade.

Cheers,

Ivan Labrie.

Comentário:

Comentário:

Update:

#GDXJ potentially trending steadily until February 2019, next target zone is 28.94, to be hit by Dec 20th or sooner, and then likely to consolidate for a couple weeks, before trending again...see chart for an estimated path

Trade ativo:

Ideal entry to add...
Potential long term upside in #GDXJ is huge...

Comentário:

#GDXJ reached the weekly target, moved as per the estimate I had drawn a while back. We can look into buying back once it corrects some more

Comentário:

Might take a while until the consolidation/correction ends in #GDXJ:

Trade ativo:

I'm long.

Comentário:

Looks good.

Comentário:

Now ripe to add or buy back if you sold.