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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Leveling off the Product on These Charts

chessNwine Mon Jun 16, 2014 1:58pm EST 2 Comments

GoodSandy1

GDXJ is working through a sideways consolidation after its explosive action last week. I am looking at $39.71 on the 30-minute chart, first below, as ushering in another rally.

UNG, despite a shakeout early last week, is still setting up nicely on longer-term timeframes. A move up through $26.40 again would have my interest on the long side.

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GDXJ

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UNG

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2 comments

  1. TJWP
    TJWP
    June 16, 2014 at 2:11 pm

    Thoughts on DRYS – seems like a nice bull flag and SB is off to the races today.

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