Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
NEM - Potential Profit 4.47% - Ascending Triangle
Newmont Corporation
Long
NEM - Potential Profit 4.47% - Ascending Triangle
By maschera
Follow
Follow
Updated
Aug 5, 2020
6
Aug 4, 2020
2-month support established and confirmed multiple times in an uptrend corridor. Ascending Triangle formed within, just broken out.
- 6-month Uptrend and All-time High
- RSI + Stoch well above 50
- MACD below Signal.
Suggested Entry $69.50
Suggested Stop Loss $214.69
Target price $72.64
Aug 5, 2020
Trade closed manually
2.24% profit
Chart Patterns
Technical Indicators
NEM
nemlong
swingtrade
swingtrader
swingtradesetups
tradesetup
tradesetups
Trend Analysis
maschera
Follow
Also on:
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
.