mortdiggiddy

Buy $NEM on rare alert

Long
NYSE:NEM   Newmont Corporation
Newmont mining may have just published a false breakout (FBO) beneath the recent wedge formed and the 50 Week MA. We received a rare block alert ahead of the final seasonality run into late February.
Comment: Gold post election year seasonality shows we still have a shot at jumping into late FEB. The previous 12 years shows similar, though after the big drop in early January this has been completely violated.


Comment: Remember that earnings are FEB 18, which I expect to be a complete blowout.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter