Loading ...and if the stock mkt starts to go into a 2008-9 scenario then other sectors may blow up-like corporate junk bonds [the fracking sector]…and a few dozen more areas too numerous to mention
Look at this weekly JNUG chart [below] and see when the RSI was as low as it was yesterday…about 29…back then JNUG was 30-35–Friday it was 46.74
Remember JNUG wa down to just under 6 bucks and had a 5 or 1 split…so really JNUG is $9.32…just $3.32 off the 6 buck low YET gold is near 1600
JNUG’s 7th split took place on June 28, 2019. This was a 1 for 5 reverse split, meaning for each 5 shares of JNUG owned pre-split, the shareholder now owned 1 share. For example, a 50 share position pre-split, became a 10 share position following the split.