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Analysis: #NYSE $NEM

Case 131 #Newmont Corporation

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#NEM 1/4
Chart 1
Monthly Chart: Price continues to trade in the 3 year range between 46.00-29.00 and currently stranded just below #trendline #resistance at 45.30. The longer term objective is 68.15 but for this to .....

NEM 2/4
..... happen a close above 53.35 is required. We expect more range play and plan to position ourselves within the range until a firm break is seen.

NEM 3/4
Chart 2
Daily Chart: The #Strategy is printed on the image.

$NEM 4/4
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