-71 Week Symmetrical triangle -Convincingly on the right side of the 200SMA on a daily and weekly basis -Bollinger band contraction within the bounds of the triangle weekly with daily squeeze at boundary cross -Good (not great) daily volume
30 basis points of risk (as always) planned
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Buy stop order @ 34.49 initial 30 basis points Stop @ 32.75 Three potential targets being 42.31, 47.25 or just below 52 Looking to build a position and take profit at these levels
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GDXJ, not GDXL. My mistake.
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Buy stop shifted to 34.60 Stop loss shifted to 32.86