Like NEM hereI like this because the vol distribution says it is more likely a consolidation rather than change of trend.Longby Dllew20191
NEM poised for one more push to near highs?I'm still bullish on GOLD for the next few trading days and thinking its going to attack the highs next week (and fail to breach). In that regard, I anticipate that NEM is in an expanded flat and that wave 5 of the ending diagonal should commence Monday morning after a wave 4 overlap at $38.79. If my analysis is correct, NEM will bottom after this quick overlap and make its way higher, peaking between the 2 recent highs of $41.62 and the yearly high of $41.08, which occurred on August 28. Stay tuned. Comments appreciated. Benji MillerLongby BenjiMiller2
GOLD/NEW: projecting 1 more push higher before the big sell-offI'm still projecting one more push higher for GOLD before the steep slide down to $1,400. With that in mind, I purchased NEWMONT GOLDCORP (NEM) $38.50 call options expiring this Friday (bought at $0.20) I anticipate that NEW is in an ending diagonal that will rise to $39.35 or so tomorrow, fall back to touch the wave 1 high at $38.79, and then push to the $40+ level in wave 5 by the end of this week. Let's see what happens...Longby BenjiMiller663
NEM - time to shine?Interesting chart here. Hasn't been as volatile as the rest of the miners (see GDX post). Looks like it wants to stay above the downtrend line and starting to coil. I like this for an upside breakout!by BobbySpa1
NEM share prices extended its run to the upside up 3.30%NEM - Newmont Goldcorp share prices extended its run to the upside after breaking out of a critical support price level at 40.00 and hit 40.75 from time of reporting up 3.30%. Share prices currently float around 40.90, a vital resistance price point which it needs to break through to continue to its next target at approximately 41.60. It is wise for traders/Investors to park some money in Gold stocks to hedge their position in times of financial market crisis. The current support levels are estimated at 40.10, 39.60, 38.95, 38.00, and 37.20Longby Rotuma1
Newmont Gold stays green on a horrific day.On a horrendous day in the markets NEM managed to stay in the green yesterday, such strength can't be ignored as there was a rush for anythings linked to gold. They only issue is that the market is so unpredictable that if you're not in it now, a change in market sentiment could really hurt the miners. It going long stop losses need to be tight or possible wait for the $40 mark to break, which has held as strong resistance for 2 years. AVERAGE ANALYSTS PRICE TARGET $43 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO SHORT INTEREST 3% COMPANY PROFILE Newmont Goldcorp Corp. is a gold producer, which engages in the production of gold. It operates through the following geographical segments: North America, South America, Australia, and Africa. The North America segment consists primarily of carlin, phoenix, twin creeks and long canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado, in the United States. The South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. The Australia segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Africa segment consists primarily of Ahafo and Akyem in Ghana. The company was founded by William Boyce Thompson on May 2, 1921 and is headquartered in Greenwood Village, CO.$by RedHotStocks8
prophetic dreamsat resistance, one of the largest distributions within GDX. can she do it. with a dovish fed i say yesLongby The_dumpster_diver1
Gold has been struckThis video is about XAUUSD physical gold price and some gold stocks! Physical gold looks like it will go up another 12 percent but the stocks look like A 30-40% move is on its way!Long08:22by Mymillennialinvestor113
GapWe opened with a wide gap which we have corrected now. This may result in a further fall.Shortby motleifaulUpdated 1
NEM Rubberband SnapbackNEM is now on its 5th-6th up day, making it overextended and overbought. It was breached the top layer of the bollinger band and is at about 98 out of 100 on the stochastics chart. These all combined lead me to believe we will see a retracement for the next several days in NEM until its moving averages catch up around the 32.85 to 33.30 mark for a short play with 3-5% profit potential.Shortby BBTrader29Updated 2
Bear EntryMultiple Time-frame Analysis shows same across oscillators and Chaikin Money Flow (CMF)Shortby Kareim0
BOTTOM FISHING : Is NEM a buy here ?NEM seems to have touched bottom area of 29.12 to 29.93 for potential BUY. This is also to earlier support from Sept 2018 / Oct 2018. Take profits at 33.17 to 34.34. The idea used here is Volume Profile (Flexible) and Point of Control. NEM is was selected via a proprietary scanner tool separately. Longby Thinking_Tickers1
Newmont Mining (NEM) BUY swing trade ( 2 to 4 months approx)Looking for a 50% return on this stock. Below 32 i will be out of this oneby MCFX88Updated 0
NEMWatching this one closely, break down from channel could be a great short, and a vice versa if channel provides further support.by ntourney7771
Newmont Mining Longterm Monthly OutlookUltra bullish scenario. Long term hold targeting the all time high.Longby SilvaBull3