Where are the Opportunities in (JNUG)

Longer Term Trading Plans for JNUG

• Buy JNUG near 48.57 target 57.4 stop loss @ 48.43 Details

The technical summary data tells us to buy JNUG near 48.57 with an upside target of 57.4. This data also tells us to set a stop loss @ 48.43 to protect against excessive loss in case the stock begins to move against the trade. 48.57 is the first level of support below 50.08 , and by rule, any test of support is a buy signal. In this case, support 48.57 is being tested, a buy signal would exist.

• Short JNUG slightly under 57.4, target 48.57, stop loss @ 57.57 Details

The technical summary data is suggesting a short of JNUG as it gets near 57.4 with a downside target of 48.57. We should have a stop loss in place at 57.57though. 57.4 is the first level of resistance above 50.08, and by rule, any test of resistance is a short signal. In this case, if resistance 57.4 is being tested, a short signal would exist.

Swing Trading Plans for JNUG

• Buy JNUG slightly over 52.09, target 55.28, Stop Loss @ 51.94 Details

If 52.09 begins to break higher, the technical summary data tells us to buy JNUG just slightly over 52.09, with an upside target of 55.28. The data also tells us to set a stop loss @ 51.94 in case the stock turns against the trade. 52.09 is the first level of resistance above 50.08, and by rule, any break above resistance is a buy signal. In this case, 52.09, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short JNUG slightly near 52.09, target 48.57, Stop Loss @ 52.24. Details

The technical summary data is suggesting a short of JNUG if it tests 52.09 with a downside target of 48.57. We should have a stop loss in place at 52.24 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 52.09, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for JNUG

• Buy JNUG slightly over 50.83, target 52.09, Stop Loss @ 50.71 Details

If 50.83 begins to break higher, the technical summary data tells us to buy JNUG just slightly over 50.83, with an upside target of 52.09. The data also tells us to set a stop loss @ 50.71 in case the stock turns against the trade. 50.83 is the first level of resistance above 50.08, and by rule, any break above resistance is a buy signal. In this case, 50.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short JNUG slightly near 50.83, target 48.57, Stop Loss @ 50.95. Details

The technical summary data is suggesting a short of JNUG if it tests 50.83 with a downside target of 48.57. We should have a stop loss in place at 50.95 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 50.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) available here: JNUG.

JNUG Ratings for February 17:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	40.61
P2	50.83	52.09	48.57
P3	52.58	55.28	57.4

AI Generated Signals for JNUG

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