$GDXJ looking pormising (3/5)
Updated
Conviction: 3/5
May have a better entry point after more breakout from short-term channel (Aug 2020)
Main Thesis
Risks
May have a better entry point after more breakout from short-term channel (Aug 2020)
Main Thesis
- Bouncing off MT support (2015)
- Breakout and retest from previous downward resistance (2016) (Blue)
Risks
- RSI-W may breakdown to more attractive levels
- OR there may be another leg down for a bullish divergence
Note
Breakout! Buy on retest.
Updated conviction (5/5)
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