Newmont corp absolute ripper breaking above '87 highs Blue skies , all time highs gotta buy Flow supports, like the 4/29 87 calls that swept or you can buy more time (never a bad idea) with 90 being the first price target , I also opened a JUN 85/90 spread for about 1.8 Will definitely hold the JUN , will play the shorter OPEX day by day, hopefully take...
- solid 3-month rectangle pattern at basement level 53-59 during September-December 2021 - notice 12/16/2021 NEM got a upside momemtum to 59 level that was the entry point - there were few pullbacks to test 59 as the support in January 2022 but it bounced up quickly - Rally occurred for NEWM during February-March when Russia-Ukraine war started - It is a...
The PEAD projected a Neutral outlook for $NEM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.
Newmont Corporation ( NYSE:NEM ) Sector: Non-Energy Minerals (Precious Metals) Market Capitalization: 65.607B Current Price: $82.78 Breakout price (hold above): $80.10 Buy Zone (Top/Bottom Range): $77.65-$74.05 Price Target: $89.20-$90.90 Estimated Duration to Target: 65-68d Contract of Interest: $NEM 6/17/22 90c Trade price as of publish date: $2.56/contract
US increases mining production output. NEM is the US largest mining company
NEwmont looking strong daily chart is breaking out. made all time new highs Gold price is also holding strong. $USD is collapsing US 10Y bond yield will not be allowed to rise. Barrick still not moving as strongly.
Desicion to Buy. Entry Price = $76.52. Target Price=$78.41. Stop Price=$74.63
If miners are going higher NEM is the lead horse. Strong day today after the bull flag setup we are seeing a cup forming which may include a handle or not. Indicators still looking good Mortimer!
Newmont is poised to be one of the top gold mining companies. The main reason i own it is because they own a shit ton of silver reserves.
NEM looks like it may be ready to breakout. MACD crossover and RSI turning up. Flag breakout looks to be holding. Watching and waiting for confirmation.
while on ST it;'s a nice bullish wedge, it's made teh MM form teh ih&S and theers' a R ine and I expect $gold to pullback this week... so might take som Ps.
Going after the gap and might even go crazy above it ! Let's patiently see...
Newmont Corporation - Short Term - We look to Sell at 58.49 (stop at 60.65) Trading within the Channel formation. Price action has posted a Doji candle and signals a possible reversal of the recent trend. Price action has stalled at good resistance levels and currently trades just below here (60.00). Previous support located at 52.50. Offers ample risk/reward...
Newmont Corporation is engaged in gold production and exploration. It also explores for copper, silver, zinc and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. -Revenue TTM 12.4B -Net Income TTM 2.8B -EBITDA TTM 6.4B -Cash TTM 4.8B -Net Margin TTM 23%...
In this video I explain why we might see a big reversal in Newmont Corporation.
According to technical analysis, gold and silver stocks appear to be preparing for medium-term growth.