GDX about to turn or puke?The key bottom trend line is in action once again at $21.76 which is todays low trade (so far) so we bulls need this to be the turn up here and now or for the first time in 7 months a breakdown is in play suggesting $20.89...$20.21/.07 and the Dec low of $18.58
If you can't see the trend line on the chart because your too cheap to use stockcharts, lol...you can use a ruler off the Jan 2016 low at $12.36 across the Dec 2016 low at $18.58 and bingo the last key turn point was highlighted at $20.89 in May and todays low so far.
Breakdown or Breakout? a close today back above its SMA @ 5 = $22.10 would be the first positive step...GLTA
TB
https://tinyurl.com/y96g5hrf