Newmont Corporation

DailyMarketUpdate

There is still plenty of room on the downside for the Newmont stock and we expect it to use it to the fullest. The next big step is the breaching of the support line at $54.18, however the stock should not fall below $46.07. If it does so: RUN FOREST, RUN!

burtnette

Breakout looks solid. Looking for 50 sma as first target.

is-rustam

Draws the figure "Head and shoulders". I went to the long one. the goal was designated

DailyMarketUpdate

The Newmont stock has reached an important mark within the chart, and we are waiting for the stock to turn around. If we stay above $54.18, we continue to expect the price to crush through the resistance at $75.31 and proceed to tackle prices above $90. However, a 45% chance of falling below $54.18 remains, which would lead to further declines. Go Bulls, Go!

NRPICKS_

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%...

suheysen93

First of the many trade journal entries to keep me grounded. A way to measure the profitability of my setups. NYSE:NEM : Price had pullback to retest its previous breakout level around $62.20 and is testing the lows that generated the momentum for the breakout ( support and resistance). The whole bullish momentum retraced to the 76.4% retracement level. May...

FelixTheWhale1

In the last idea I assumed the stock would drop to 60. Now I'm assuming again that they will go up

burtnette

Really like this setup as long as $63 holds.

Cape-Peninsula-Capital

Strategy/Chart pattern: Positive divergence at support Entry: 63.87$ Stop: 60.50$ Target: / Risk/Reward-Ratio: / Stopmanagement: Parabolic SAR stops daily chart default settings

traderprosignals

TICKER CODE: NEM Company Name: NEWMONT CORPORATION Industry: US Stocks Non-Energy Minerals Precious Metals Position Proposed: BUY/LONG Entry: 62.80- 63.00 NOW READY 1st Partial Take Profit: 66.05 Stop Loss: 61.05 Technical Analysis 1. Rising Wedge completed (Breakout already) 2. Head & Shoulder (Shoulders forming) 3. RSI OVERSOLD ( price will go up a...

Cape-Peninsula-Capital

After the huge selloff in the gold market there are several signs of a possible reversal of Newmont. So let´s sum up the body of evidence: 1. The price is right at a significant support level 2. It has formed a hammer reversal pattern at the support level 3. We have a positive divergence with the RSI and MACD 4. At the support level we saw a spike in the volume...

smoki99

Newmount reached 66% Retracement. NEM goes to watch list. MACD not right now signal a buy... so a little bit pacient may be good. To be on a rebounce of gold in the next weeks... Bullish... Only on Watchlist

smoki99

MACD is downwards right now and some distance to fibannaci Retracement is there. On Alert / Watchlist for a later buy, if a drawdown will happen. In long range still bullish for gold

BKien

Looking like a 5 wave theory in play. Possibly on wave 4. Using box range to find target which lines up with fib target zone

etfsandstuff

Reiterating my long term buy on Newmont. Good place to add.

Gelium

Consolidation is broken upwards with the minimum target level around 90.

FelixTheWhale1

I will buy at 60, or sell existing at 90

etfsandstuff

Newmont has a shitload of silver from the goldcorp takeover... is why i own it. It has recently taken out the prior high and retest (not the all time high) that one is coming next... once Newmont takes out its all time high (81.92) , it's to the moon alice... to the moon !