bigrediska
Long

The importance of MA 200 line continues to grow.

NYSE:NEM   NEWMONT MINING CORP
93 3 1
When you can place a stop so close, this is enough to open a position.
Nice stop so far (under the blue box?).
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Usually, I'm looking for a point below which my idea becomes meaningless. The amount of possible loss is not changed. What changes is the size of the bid.
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Looks like the pressure is building for a blast off after this sideways consolidation.
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