Newmont Corp $NEM$NEM is loosing its strength. There is a negative divergence and the volume is drying up. Expect a possible pull back. If you find my charts useful for you, please just leave me a "Like". thank youShortby TheBullseye15
NEM Pullback/OversoldNEM on the hourly has topped out at $65. It looks like its going to pull back to the $58 level. On the weekly and monthly chart it is very over extended. It also couldn't break the highs of $65. Shortby BBTrader292
NEM - Post Earnings DecisionEarnings were strong on the top line (+43% YOY) and EPS (+14% YOY) but did not have much of a reaction. News may have been priced in already.. Price action to see the resolution of an ascending triangle which should be to the upside. However, gold has been going sideways the last 3 days and a break lower will be drag NEM down. Let me know if you would like to see my updated gold analysis.by jcccheung21667
Newmont Corporation [ NYSE: NEM ]Newmont Corporation Pending Order Placement Entry Placement 63.68 Take Profit Placement 71.88 Stop Loss Placement 58.21by UnknownUnicorn18038836
NEM - Testing Support- NEM has been trading in an ascending channel since bottoming in mid-March. - Up move has slowed and is now testing the lower band again. - If this holds, it will continue in the uptrend. Note that 50MA has been support as it tests the lower band as well. - If it breaks to the downside, looking for it to break through support at $59 and test the $56.50 level. Hoping this continues in the uptrend though :)Longby jcccheung21117
There is big potential that NGT NEWMONT GOLD CORPORATION down.*** A strong break out of the average price ,then it is the reversal of the direction so it's a big probability of down to 86.50 see 86.00. by aitidir7
NEM Gold Surge: $67 Price Target (Short) -> $80 Long TargetFirst off, please don't take what I say seriously or at face value. That being said, let us see what my opinion is on NEM. Right now, given the time period we are in, the demand curve is low for many natural or mined resources. Gold doesn't seem to be one of them, as we are having an emergence of what seems like a positive bull run for NEM after its negative correlations. Now, this is still high risk given its previous price decreases and vastly negative correlations, but strong buy demand support seems to be there. Am important key event would also be its May earnings call. I am calling as a short a $67 price target, and think it has the potential of hitting an $80 price as a long hold.Longby gamer4561484
flag & pennant break outcharts are looking very bullish. NEM has cleared the final hurdle and will head higher this will attract more buyers and the game rolls along Longby RogueCleaner114
Newmont Corp $NEM#NewmontCorporation have rallied 35 year to date.The company’s focus on key growth projects, disciplined capital allocation strategy and higher gold prices are some of the factors contributing to its share price appreciation. It is hitting the 15 years resistance again. This time gold will help them to break outLongby TheBullseye5
NEM, Longbullish fundamentals at key market structure levels R1 50.20 S1 44.17 S2 37.86Longby tradersedgerayUpdated 3
A.I Vision Alex Vieira Urges to Invest in Gold Stocks to CrashA.I Vision Alex Vieira Urges to Invest in Gold since he announced the bottom at $18 upgrading to Strong-Buy. Gold can see a frenzy in case of a market crashLongby autonomoustradingUpdated 4
NEM - H&S almost completeNEM doing its thing. Looks like its ready to attack earlier highs. Breakout should be coming soon. Longby BobbySpa119
NEMThis is the #1 metals stock i recommend to own and my top holding. I am posting this a bit late as i got back in above the gap but i still dont think it's too late to buy. We may see a correction after this next wave up but i dont think it will be large and is why im saying to buy now. If you want to wait just buy a breakout of the previous high. The acceleration on this rebound is huge, also we are breaking multi year highs on this baby. I think NEM will be the big winner if gold continues its bull market as i expect it to. With the rate cuts its almost guaranteed, they are in panic mode now... expect more stock market crashes in about 2 months time!Longby etfsandstuffUpdated 5
NEM looks to go higher. Newmont Mining looks primed to go higher... Goodluck (Not trading advice). NEMLongby StockPickingEnthusiastUpdated 5
NEM - Potential Short term Short opportunityNot trading advice. Shortby StockPickingEnthusiastUpdated 6
NEM : Daiy chart, pullback expected - minor cycle bottomNow that we have looked at our view on weekly charts, lets look at the daily charts. (attached below the analysis on weekly charts, better t read that first to have the forthlooking view) Weekly chart on the minor cycle suggests a minor pullback in the beginning of March 2020. As we are aware, price may bottom a few candles around this and we may expect last week of Feb and the first week of March to show a minor pullback. Price around $42 and $41 is an important cycle resistance/ support zone from previous weekly cycles. A look at the candles and we can see some signs of signals of short term market overbought conditions and also RSI showing overbought status. Wait for the pullback and then price may retest the upper resistance zone Look out for more action on this!by LoveForCharts6
Weekly chart for NEM : Bullish near term, mid cycle analysis Lets have a look on what's happening with NEM. We are in the mid range of the larger cycle on weekly charts and we may be seeing a minor bottom on the smaller cycle as evident in the chart. This large upward spike in the chart on the weekly candle may also be a sign of exhaustion or a partial entry to a testing zone/ congestion area $46 to $49 would be expected to be a resistance zone on the FIB ext levels. Price may test this zone and then look for support. Minor support expected between $40 to $43 levels and intermediate support between $35 to $38 levels From RSI perspective, the November 2019 weekly bottom on the major cycle, showed a bullish support on RSI and in the whole rally that has ensued since then, we have seen price 35% over the last 12 to 14 weekly candles. Price targets were revised upwards given the bullish upwards move in Gold. Also, price has not yet shown signs of being overbought, price action may still have some upward move as indicated above If you like what you see, please share a thumbs up and drop in a comment. Follow me for more updates on this.by LoveForCharts5