Traders and investors looking to mine profits in Newmont Mining Corp (NYSE:NEM) can go long (buy for a move higher) this equity here, while using confirmation below the rising as a stop loss level. Should Newmont Mining Corp (NYSE:NEM) move up as the charts indicate, profits should be taken around the following levels; the first level of resistance at $25.00 is where you can take profits of half of your positions, and second and major level to take all profits off the table will be $25.89. The best strategy is to place a break-even stop on the trade once you reach the first target and allow the second half to run to your second target. Doing so will allow you to stay in the trade with ease, as you wait for the second target to be achieved, and it won't turn into a losing trade.
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