I could see GDX going up to $28's, forming a perfect H&S before dropping down to fill the gaps in the $20-$22's. GDXJ could also top around $49-$50 and drop as well. I like the mining stocks long term, but I wouldn't be looking to back up the truck at this point in time.
I could see GDX going up to $28's, forming a perfect H&S before dropping down to fill the gaps in the $20-$22's. GDXJ could also top around $49-$50 and drop as well. I like the mining stocks long term, but I wouldn't be looking to back up the truck at this point in time.