Weak Sentiment Across All Horizons Supports Short Bias -- See current SIGNALS for positioning and risk parameters.
Institutional Trading Strategies
Our AI models have generated three distinct trading strategies tailored to different risk profiles and holding periods. Each strategy incorporates sophisticated risk management parameters designed to optimize position sizing and minimize drawdown risk.
Position Trading StrategyLONG
Entry Zone
$108.89
Target
$162.04
Stop Loss
$108.58
Momentum Breakout StrategyBREAKOUT
Trigger
$147.03
Target
$162.04
Stop Loss
$146.62
Risk Hedging StrategySHORT
Entry Zone
$147.03
Target
$139.68
Stop Loss
$147.47
Multi-Timeframe Signal Analysis
Time Horizon
Signal Strength
Support Signal
Resistance Signal
Near-term (1-5 days)
Weak
$143.02
$146.66
Mid-term (5-20 days)
Weak
$136.53
$147.03
Long-term (20+ days)
Weak
$162.04
$225.27
Technical Analysis
Longer Term Trading Plans for NUGT
Buy NUGT near 108.89 target 162.04 stop loss @ 108.58 Details
The technical summary data tells us to buy NUGT near 108.89 with an upside target of 162.04. This data also tells us to set a stop loss @ 108.58 to protect against excessive loss in case the stock begins to move against the trade. 108.89 is the first level of support below 147.01 , and by rule, any test of support is a buy signal. In this case, support 108.89 would be being tested, so a buy signal would exist.
Short NUGT slightly under 162.04, target 108.89, stop loss @ 162.51 Details
The technical summary data is suggesting a short of NUGT as it gets near 162.04 with a downside target of 108.89. We should have a stop loss in place at 162.51though. 162.04 is the first level of resistance above 147.01, and by rule, any test of resistance is a short signal. In this case, if resistance 162.04 is being tested, so a short signal would exist.
Swing Trading Plans for NUGT
Buy NUGT slightly over 147.03, target 162.04, Stop Loss @ 146.61 Details
If 147.03 begins to break higher, the technical summary data tells us to buy NUGT just over 147.03, with an upside target of 162.04. The data also tells us to set a stop loss @ 146.61 in case the stock turns against the trade. 147.03 is the first level of resistance above 147.01, and by rule, any break above resistance is a buy signal. In this case, 147.03, 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 NUGT slightly near 147.03, target 136.53, Stop Loss @ 147.45. Details
The technical summary data is suggesting a short of NUGT if it tests 147.03 with a downside target of 136.53. We should have a stop loss in place at 147.45 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, 147.03, 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 NUGT
Buy NUGT slightly over 147.03, target 162.04, Stop Loss @ 146.69 Details
If 147.03 begins to break higher, the technical summary data tells us to buy NUGT just over 147.03, with an upside target of 162.04. The data also tells us to set a stop loss @ 146.69 in case the stock turns against the trade. 147.03 is the first level of resistance above 147.01, and by rule, any break above resistance is a buy signal. In this case, 147.03, 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 NUGT slightly near 147.03, target 146.66, Stop Loss @ 147.37. Details
The technical summary data is suggesting a short of NUGT if it tests 147.03 with a downside target of 146.66. We should have a stop loss in place at 147.37 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, 147.03, 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.
NUGT Technical Summary | Raw Data for the Trading Plans
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