is down some $16 today and NEM
is hardly down holding the break of the downtrend channel
. The most recent impulse leg took out two important prior peaks and I see this to just under $42 on next move. Volume
picking up and 20 day coming up through 50 day and 100 day. Looks like 50 day wants to cross back above the 100 day as well. Still has room in MACD
has been in a very tight consolidation. I expect this to lead the next leg higher.