scw0008

NEM holding solid for long

Long
NYSE:NEM   Newmont Corporation
NEM has increased guidance and has a bull flag forming. FWD P/E lower than current and 10 points lower than industry average FWD P/E.

Looking for entry below 74 and TP of 79 to hold with stop loss at 76 for 25% of position.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.