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Opinion on Newmont Mining Corp (NEM) Sector: Basic Materials > Industry: Gold & Silver
NEM ascending triangle breakdown confirmed

Jan 05, 2007 09:42 PM GMT

diego

Return	Risk
-9.44%	HIGH

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It looks like NEM couldn't break through the nearest resistance at 48. It turned back and broke near 44 support. An ascending triangle breakdown was finally confirmed. A little late but going short here.

Newbie-trader-nem-daily-ascending-triangle-breakdown

NEM: This call was made on 01/05/07 @ $43.65

Rating:	$43.65 (01/05/07)
Gain/Loss:	-20.64% in 1051 days
Target:	$40.00 (-8.36%) in One month

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Who voted on this idea?

Weiting Liu

50%

01/06/2007

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Newmont Mining Corp (NEM)

SocialPicks Sentiment:

This Quarter's Sentiment:

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51.0%

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0.0%

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diego previously rated NEM

+0.83%

Bullish on NEM ...
10/17/2006

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Opinion on Newmont Mining Corp (NEM) Sector: Basic Materials > Industry: Gold & Silver NEM ascending triangle breakdown confirmed

Opinion on Newmont Mining Corp (NEM) Sector: Basic Materials > Industry: Gold & Silver
NEM ascending triangle breakdown confirmed