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TradeWithParas
Feb 27, 2024 5:48 PM

NEM potential buy setup Long

Newmont CorporationNYSE

Description

Reasons for bullish bias:
- Price is at near weekly support
- Price is at channel support
- Bullish divergence
- Positive earnings results

Entry Level(CMP): 29.80
Stop Loss Level: 28.72
Take Profit Level 1: 33.11
Take Profit Level 2: Open

Trade active

TP1 hit

Comment

Price is at channel resistance, some profits can be booked here as well

Comment

Price gave channel breakout. Trailing SL to 36.41
Comments
Vibhusap
Where are next resistance and support level?
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