NEM has nearly reached the conservative target for the move out of the 13-day accumulation area.
A more aggressive 27.40 target still stands and there is plenty of time left in the 13-day pattern.
If you are already long, stops can be raised to breakeven.
It is tempting to take some off the table given the decent return in a short period of time.
10:27AM EST, 3/17/2014
Tim 26.14 last NEM
A more aggressive 27.40 target still stands and there is plenty of time left in the 13-day pattern.
If you are already long, stops can be raised to breakeven.
It is tempting to take some off the table given the decent return in a short period of time.
10:27AM EST, 3/17/2014
Tim 26.14 last NEM
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.