Lets see that break for a huge run!
Expecting $17.00's at this point. GDX looked like it would start a bull pattern earlier this week but failed multiple tests to pass $19.00.
No price target, but expecting short term swing upward.
Clearly defined resistance at $32.38 as well as a bull flag being formed. Sell on break of bull flag. Buy on break of 32.38
looking for break of black line to confirm breakout.
Blue resistance upward, red resistance downward.
Needs to break $19.08
Snap continues on its down trend despite what looked like a second wind last week. Look for break of $8.90 resistance on hourly chart to send this further down. $9.56 will constitute a firm reversal.
