NUGT has an aggressive Long set up as Gold showing strength & tethering its short-term double top resistance. In the hourly frame we can see half-decent downward channel & it appears to break above. So we would consider entry at current price.
* Trade Criteria *
Date first found- April 4, 2017
Pattern/Why- Downward channel & strength in Gold
Entry Target Criteria- From current price
Exit Target Criteria- $11.57 & higher
Stop Loss Criteria- $8.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)