maschera

NEM - Potential Profit 4.47% - Ascending Triangle

Long
NYSE:NEM   NEWMONT CORPORATION
2-month support established and confirmed multiple times in an uptrend corridor. Ascending Triangle formed within, just broken out.

- 6-month Uptrend and All-time High
- RSI + Stoch well above 50
- MACD below Signal.

Suggested Entry $69.50
Suggested Stop Loss $214.69
Target price $72.64
Trade closed manually: 2.24% profit

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