Newmont break out potential

17 בספט׳ 2023

Hey guys I have not posted anything lately been busy with life. but check out this chart by Newmont gold Corp or NEM, this long falling wedge is getting close to a breakout in my opinion. a break over 41 and we have lift off to 45+ with ER coming up on October 26th this looks good. I have a weekly, Daily and 4hr buy signal. MACD curling up and RSI in the 28 area. I myself loaded (100) 50 call, options on this for a November 17th expiration. keep a eye on it and by safe anything can happen and the market is hard to read but I like the R/R here so see ya in the winner circle