/biz/ - Business & Finance

Heavyrotation Thu Aug 13 17:51:52 2020 No.21374561 [View]
File: 81 KB, 2334x1050, interesting-aug-13-hemke-pc.png [View same] [iqdb] [saucenao] [google]

Set-up...
Hemke mentioned that he expects the GDX 4 week down pattern (post-earnings - pic related) to probably continue. Likely to buy GDX calls off of 38 at the expected bottom of the retracement. I tend to believe we may see a 36 handle toward the end of the 4 week retracement. Nonetheless it might be a good long call options trade that should take us into next earnings season as the bull mkt continues.

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