traderprosignals

NEM BUY/LONG SHORT TERM ANYTIME SOON

Long
NYSE:NEM   Newmont Corporation
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)
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