TICKER CODE: NEM
Company Name: NEWMONT CORPORATION
Industry: US Stocks Non-Energy Minerals Precious Metals
Position Proposed: BUY/LONG
Entry: 62.80- 63.00 NOW READY
1st Partial Take Profit: 66.05
Stop Loss: 61.05
Technical Analysis
1. Rising Wedge completed (Breakout already)
2. Head & Shoulder (Shoulders forming)
3. RSI OVERSOLD ( price will go up a while)
4. Area of confluence (EMA, structure level & Trendline)
Company Name: NEWMONT CORPORATION
Industry: US Stocks Non-Energy Minerals Precious Metals
Position Proposed: BUY/LONG
Entry: 62.80- 63.00 NOW READY
1st Partial Take Profit: 66.05
Stop Loss: 61.05
Technical Analysis
1. Rising Wedge completed (Breakout already)
2. Head & Shoulder (Shoulders forming)
3. RSI OVERSOLD ( price will go up a while)
4. Area of confluence (EMA, structure level & Trendline)