Newmont Mining - The Long Play Going Forward

NYSE:NEM   Newmont Corporation
Gold Miners have suffered, and this one has now capitulated in my opinion.
Yielding 5.6%+ and near a hefty demand level between 38-35, I'd expect a new uptrend in this one sooner rather than later.

(See pink circles in the longterm squeeze indicator chart, extremely eversold - second most since 1985)

Trade closed: target reached:
Target reached for $NEM
Closing trade.