GDX good buy in for a flip or a long term accumilation
GDX is currently finding support
How to trade it:
- Enter a small position at these levels
If it bounces to 19.20-20.5 sell for a quick flip.
If it drops further double down 17.7-17, downside past this point is unlikely as GDX is already oversold. Sell the bounce after this second buy.
Not financial advise, just educational
How to trade it:
- Enter a small position at these levels
If it bounces to 19.20-20.5 sell for a quick flip.
If it drops further double down 17.7-17, downside past this point is unlikely as GDX is already oversold. Sell the bounce after this second buy.
Not financial advise, just educational
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.