103 0 0
NEM             is a stock I bought recently that has seen some nice gains. For fundamental reasons this stock has looked very attractive for a long time. I recent bought as technicals finally confirmed what my fundamental analysis was telling me.

You can see price broke out from channel, but found a bottom around 16.00. From there we broke short term down trend line , and broke back into the voided channel.

Price came through 100 period moving average, and is coming towards 20.00 area resistance. This level also intersects with 200 period moving average.

After a break of $20 looking for price to head to $27. Plan to be in this trade for a long haul, with a long term target well above current price.
Comment: Price is retracing from resistance just as expected. Locking in some gains, and waiting to how price reacts. A break of this level will be good to open another position.
Comment: Nice up-gap today. Price has significant momentum behind. Will be looking for price to react to resistance around $27-28 area.
Comment: Closed my first position on this trade due to last weeks price action on XAU/USD. My second position was added at 23.5 and will continue to hold if it stays above 20.60.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out