NEM - Big Move AheadOver the long term, I expect to see NEM at 100. My crude wave count shows that we are entering into a wave 3 that can boost shares to mid $80s.
Key facts today
NEM eyes on $43.06: key Resistance to break and paint a BOTTOMNEM has been lagging gold and other metals' charts.
Currently up against a key resistance to a recovery.
Break-n-retest to paint a bottom, or reject to doom.
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NEM // cup handle formationAlthough there is a cup handle formation image on the chart, the targets are drawn according to Fibonacci. We need closings above 48.08 as a formation condition.
CUP and Handle Pattern NEM Stock making cup and handle along with bullish divergence, expected bullish trend, trade plane has been defined along with risk and reward.
Bullish behaviour on NEM stockThe price of Newmont Corporation shares retraced to the areas where professional buying took place in the past (blue rectangles). The volume during that move down is decreasing, which, according to Volume Spread Analysis (VSA), is bullish behaviour.
Also, given that today's bar penetrates the recen
NEM H&SThis looks like an inverted Head and Shoulders doesn't it?
I wouldn't be surprised if this right shoulder had a double-bottom.
long NEMIn practice, many successful traders use these indicators as part of a broader strategy that includes backtesting, diversified signals, and strict risk controls. So, while these tools can be viable in helping to make informed decisions, they work best when integrated into a well-rounded trading syst
Expected $47-$50 By Feb, 2025It broke above 50 SMA and out of the channel in the week of April 22, 2024. Made good progress but broke below the 50 SMA and further the higher low of the week June 03, 2024. It is forming a bullish megaphone. In the near term, $47 is expected by next earnings. Holding January 2026 $50 calls.
100% to ATH & huge flag and Tri target for over performanceBullish chart 100% on the table
I am tracking about 22% increase from here to gold base metal target so this is 5x of that move which seems a lot can it do that in 2025 or will we need a bit longer. I dont know, lets wait and see its a multi year chart so muli year target
Equites look over value
Newmont buy zone around $17Trade the range - if you have the patience. Buy under $20 and sell at $64 for 200%+ gains
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Displays a symbol's price movements over previous years to identify recurring trends.
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