Newmont Corporation
Long

#Newmont - This one's for the #historybooks!!! 🤯

270
alright alright before you start cursing me I am not kidding!!! 🤯

you see that Red trendline that is coming from 1987?! look how price got rejected in 2011 & again this time in 2020!!!!! 🤯


so how will this be possible?! well #Newmont is a mining company right? so now as we are looking at possible multiyear recession possible depression there won't be work for them & eventually price will come back to support

then maybe in 2050 finally we will have started mining on other planets, meteorites & stocks will skyrocket cause they are the leading company who can mine precious space minerals (lol I am not good with fundamentals)

here are the TA

first we have a descending triangle forming that might have a flat support snapshot

or we could be forming a simple triangle snapshot

either case they both have Red trendline as Massive resistance once we break it this stock will skyrocket!!

Buy this for future generations can't promise you will be alive to see this going to 500$ unless we have found immortality! 🤣

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.