The chart is showing us that NEM has tried to base a number of times and all have failed. Each time there was a different pattern. This time we have a nice head&shoulders bottom formation.
I have noted key levels with the blue rays across the chart emanating from the price points that I think are important.
The risk-reward ratio here seems solid given the recent pullback. NEM fell back yesterday on a tad less volume and the last 3 up days have higher volume than the last 3 down days. So, some new buyers are coming in here and pushing up the price.
Let's see how this pans out.
Cheers.
Tim 12:19PM EST, Tuesday, Jan 28, 2014
I have noted key levels with the blue rays across the chart emanating from the price points that I think are important.
The risk-reward ratio here seems solid given the recent pullback. NEM fell back yesterday on a tad less volume and the last 3 up days have higher volume than the last 3 down days. So, some new buyers are coming in here and pushing up the price.
Let's see how this pans out.
Cheers.
Tim 12:19PM EST, Tuesday, Jan 28, 2014
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
