Thursday, May 11, 2017

Low Risk JNUG Buy

Already up over ten times risk!

An extremely shallow angle secondary uptrend line enabled a very low risk entry into JNUG on Tuesday, where any buy below 14.50 {stop 14.19} is now up over ten times that risk (close Thursday 17.65).  Using the "two previous lows" method to determine stop losses, a retest buy on Monday meant about .70 risk {stop 13.71} as opposed to .30 or less on Tuesday.

More positives on this chart are studied above.

Stay Tuned!

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