Newmont, like other great stocks have had a rough year. It's very likely that this stock will see a substantial increase in price over the next couple years.
People around have been asking me why I am bearish on gold and gold miners stock despite the war in Ukraine, Israel Hamas conflict in the middle east and even now, at the impending end of cycle rate hike by Federal Reserve. I am, on the contrary, very bullish on gold and gold miners' stocks, but not until a steep price drop in the near future. The sooner it drops...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 36.4/61.80% Chart time frame : D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : C A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
Hello There! Welcome to my new analysis about NEM, the next gold-mine gem I am adding to my current gold-mine gem watchlist. If you like to know the other gold-mine gems I already added to my watchlist please look into the recent ideas I uploaded to my TradingView profile. In today´s time, there are massive transformational events going on within the whole...
I consider NEM a good investment for the mid-term. in my personal opinion, October and November could be a great opportunity for Newmont. today they made a new 52-week low. a good point to entry today
Hey guys I have not posted anything lately been busy with life. but check out this chart by Newmont gold Corp or NEM, this long falling wedge is getting close to a breakout in my opinion. a break over 41 and we have lift off to 45+ with ER coming up on October 26th this looks good. I have a weekly, Daily and 4hr buy signal. MACD curling up and RSI in the 28 area....
A nearly bullish set up is forming for this name. I want to see the monthly orderblock swept before entering long term position. However near term swing bias would be long. Sitting at strong volume shelf/ support and primed for a bounce. PS- Not financial advice. Do you own due diligence.
Based on some indicators in the 1w time frame, it is time to buy
NEM is showing a nice growth opportunity in its share price for the next 12 to 24 months. if the gold price increases, they Newmont is in a strong position to benefit from it.
Analyzing NYSE:NEM Newmont Corporation's double bottom pattern, it's clear that this mining stock presents a compelling investment opportunity. The pattern signifies potential upward momentum, with the blue line serving as a critical threshold. Going forward, a bullish outlook can be maintained if Newmont remains above this key level, suggesting favorable...
NEM in a zone of multiple confluence. It might reverse from this level.
NEM chart is brewing up a possible bullish set up. If we cross reference this chart with a current gold chart we could see a harmonious bullish reversal. Set your alerts on gold and NEM and we may see a great set up!
Newmont Corporation is an American gold mining company based in Greenwood Village, Colorado. It is the world's largest gold mining corporation. Incorporated in 1921, it owns gold mines in Nevada, Colorado, Ontario, Quebec, Mexico, the Dominican Republic, Australia, Ghana, Argentina, Peru, and Suriname.
Analyzing the options chain of NEM Newmont Corporation prior to the earnings report this week, I would consider purchasing the 42.5usd strike price Calls with an expiration date of 9/15/2023, for a premium of approximately $1.11. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your...
Look at the chart, we had a double top that didn't play out. That means that the price is going to the other direction so up. This is a gold and copper mining company. Both metals are ripping. I would buy a good position here and if it drops buy more. Is very unlikely to break down the strong support. BTW while you are holding, it pays you more the 4% yield...
According to TipRanks: "Based on 10 Wall Street analysts offering 12 month price targets for Newmont Mining in the last 3 months. The average price target is $58.67 with a high forecast of $70.84 and a low forecast of $42.53. The average price target represents a 29.77% change from the last price of $45.21"
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 44/61.80%
Is Newmont mining telling us that gold is about to correct more or is this isolated to the miners? This leading gold miner could be signaling headwinds for miners. We have seen Gold outperform miners which tells us that this move in gold is likely from the banking crisis...fear.