Wednesday, January 30, 2013


We usually stick to the MTT and let it decide our trades. In this case I think it may be prudent to look outside of it.

NUGT has the potential to make a 20% - 30% move in the short term. It has major support around $7.75 - $8.00 and no resistance until $9.50 and then $10.50. I have entered in with a stop at $7.75.

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