Tuesday, September 29, 2015

[JNUG] update

I have not been short term bullish on JNUG from a daytrading standpoint since I wrote this post mentioning that the AGI chart did not bode will for JNUG.

Today I did see an AM swoon in the pretrade but it happened so quickly that it was up 1.5% before I could enter the trade.  Well, that final little swoon could have been the bottom and so it is certainly worth risking a trade on.  So I picked up a 1/2 position at $7.27.  Stops are dutifully in place at $6.99.

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