A mining company with hopeSince Gold is dragging every major mining company down this one can be a decent buy in case of a pullback to support, after that i guess it can climb higher assuming if mining stocks gonna stay in good shapeLongby GlassICEUpdated 115
$NEMGreen: Entry Point Blue: Start of Week Red: End of Week Thumbs Up: Trade Available for Week Numbers: Price Targets *For share traders only. Not meant for options. Longby Redimere_910
DangerousI know that the momentum is still given and the trend is intact and steady. But I need some short to balance the portfolio and the calculated upward target of this month's rise has been reached. Thus I can imagine a little correction for the last days of the month.Shortby motleifaulUpdated 4
NEWMONT $NEMi expect it to retrace back to anywhere between 47$ and 42$, depending on golds correction move then another leg up should take place to 75$ Longby lell03125
Newmont (NEM) AnalysisCompany Overview: Newmont NYSE:NEM , as the world’s largest gold miner, is well-positioned to benefit from the ongoing gold bull market. The price of gold is projected to rise to $2,500 per ounce by the end of 2024, creating a significant tailwind for Newmont’s operations. Key Catalysts: Gold ProLongby Richtv_official3
Newmont Corp | NEM | Long at $48.00While gold prices have soared recently, gold mining stocks have lagged. Newmont Corp NYSE:NEM , the world's largest gold mining corporation, may be undervalued if the miners take off to catch up to the gold demand/price. Currently sitting near $48.00 and at a historical moving average that it will Longby NicksAnalysis2
I’m liking Newmont MiningNewmont has had funny and endearing management, and a steady mission. The chart is consolidating sideways in a ascending triangle. We’ll see. I predict a breakout of the formation, and a long bullish run equal in height to the length of the consolidationLongby Shammus01221
NEM ASX - breakout weeklyNEM now breaking out hard. target is $74 AUD. gold miners have yet to move but spot price of gold has already started accelerating higher. Bonds yields are still negative in real terms. equities are overvalued. BTC is in a bubble. Gold is stability. US empire wants to initiate more Wars. ChinLongby RogueCleanerUpdated 1
Can Newmont Break Resistance?Newmont rallied in March and April. Now, some traders may see potential for a breakout after two months of consolidation. The first pattern on today’s chart is the May high of $44.59. The gold miner probed the level last week (after unemployment surprised to the upside) and its shares sat near it yby TradeStation5
NEM potential buy setupReasons 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: OpenLongby TradeWithParasUpdated 119