Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / NUGT - Long NUGT On The Trading Bounce


NUGT - Long NUGT On The Trading Bounce

  • It seems that the recent dip in gold and NUGT has been overdone. The chart appears to be signaling a trading bounce is now underway.
  • This is primarily a long trading call based upon technicals and an attractive chart pattern now emerging.
  • There also may be a supporting fundamental case for buying this dip in NUGT looking ahead. Dual bullish catalysts from gold's industrial use case may combine with inflationary pressures.
  • I'm long NUGT at $53.70 with an upside price target of $60.

For further details see:

Long NUGT On The Trading Bounce
Stock Information

Company Name: Direxion Daily Gold Miners Index Bull 3X Shares
Stock Symbol: NUGT
Market: NYSE

Menu

NUGT NUGT Quote NUGT Short NUGT News NUGT Articles NUGT Message Board
Get NUGT Alerts

News, Short Squeeze, Breakout and More Instantly...