(NYSEARCA:NUGT) Direxion Shares Exchange Traded Fund Trust

Here is an interesting ETF chart I created. 

I will keep this comment short because the image is pretty straight-forward.The lower support line has a very significant role in this chart; it is the 52-week. I expect a trend reversal, but if doesn't happen by any chance, I'll normally place a stop on quote order below the trend-line. This ETF is risky, but can definitely bring you huge gains if the pattern persists. I placed the first picture basically to show the chart on a wider time frame, describing the correlation of the ETF with the Stochastic and RSI.

Alexander Schachter