Newmont Corporation
Long
Updated

NEM potential buy setup

838
Reasons for bullish bias:
- Price is at near weekly support
- Price is at channel support
- Bullish divergence
- Positive earnings results

Entry Level(CMP): 29.80
Stop Loss Level: 28.72
Take Profit Level 1: 33.11
Take Profit Level 2: Open
Trade active
TP1 hit
Note
Price is at channel resistance, some profits can be booked here as well
Note
Price gave channel breakout. Trailing SL to 36.41
Note
Moving SL to 39.87
48% in profits from entry so far
Note
71% Up from Entry!!!

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