gdxj 8-22a

gdxj 8-22b

Out of my uptrend channel.

But, could this be the consolidation pattern we will see?

That possible 4th reversal point would occur at 50DMA and Ichimoku cloud support. A bounce from that level would also likely trigger a stochastic buy signal. It will have also come up from an oversold RSI and CCI as well. IT would be the same set up as the two other great buying opportunities since the uptrend started.