US Markets may move higher after early weakness . Gold and Gold Related Stocks Will go up after filling the gap created on Monday in all gold related stocks. NUGT is the best buy for traders who follow the trend following approach.
See the charts of DJI, SPY & IWM as of Tuesday close
DJI
SPY
IWM
GDX GOLD MINERS ETF
NUGT 3X times Gold Miners ETF 3 month chart
Watch how the insiders & Big Money bought NUGT near the bottom yesterday.( See the one day chart) It was one of the top 20 most active stocks . It is a good buy today.
See the charts of DJI, SPY & IWM as of Tuesday close
DJI
SPY
IWM
GDX GOLD MINERS ETF
Watch how the insiders & Big Money bought NUGT near the bottom yesterday.( See the one day chart) It was one of the top 20 most active stocks . It is a good buy today.
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2 comments :
Good morning Dr. Kapur,
What do you reckon the target price (resistance) of NUGT?
I have no idea . It will initially go to 12 & then can go to 20. We do not predict. Let the market tell us. Then we sell.
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