GDXJ’s easy thrust through 48.39, a midpoint Hidden Pivot resistance, implies a strong likelihood that the rally will reach 54.92, a bull-market target of middling importance. The pattern also suggests that a pullback to 48.39 should be bought with a stop-loss at 46.21. If you know how, you should use a ‘camouflage’ trigger to cut the initial risk by as much as 95%. That would entail creating an entry trigger with an ABCD pattern extrapolated from the 15-minute chart or less.
GDXJ – Junior Gold Miner ETF (Last:50.37)
