JNUG – Entry Idea $8.00
If I can pick up some JNUG before the close today at reasonably close to $8 or better, I will hold it over night. I think the risk/reward is good for a pop tomorrow. I would bag the profits tomorrow. Again, I’m day trading here or just overnight….working well these days. The only caveat is that I could see an opening gap down to $7.59 area too. So maybe don’t go too large and use that gap down to add to the position with a very tight stop below. I’m still formulating my trading thoughts on this one.
Market is making this easier on me. No support at $8.00. Now I wait until $7.59.
I am not going to hold my DUST overnight…the DUST 60 parabola is “hot”…I will take my 5.50 points. TRIX still needs to reset.
Yep…book the profits when you get them on moves like today. In the end, it looks like my JNUG fib at 7.83 is holding so I took my position there to hold overnight……fingers crossed.
Goodluck both of you