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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (96917)	2/19/2020 11:17:32 AM
From: isopatch	Respond to of 108888

We're on the same page.

To: E_K_S who wrote (96917)	2/20/2020 8:43:31 AM
From: Andrewagain	2 Recommendations Recommended By E_K_S sixty2nds Respond to of 108888

Newmont NEM Now that Gold has breeched $1600 on good volume and NEM earnings are in (beat by 2 cents, revenue in line) a good time for me to review my charts and look for target price, resistance and supports (as posted here I got in at 44.50). Thought I would pass along my rough charts. Interpretation: For last 2+ years Rangebound between 30 and 40 a difference of $10 so target would be $40 plus $10 = $50 which just so happens to be where I see next serious resistance as per charts. This next chart is much longer term so could be argued has little implications as per present but interesting to consider nonetheless. Short term chart has very bullish chart patterns, trend.