NYSE:NEM Newmont Goldcorp stock price forecast, Buy, Target 117.43 (+65.98%)

Newmont Goldcorp (NYSE: NEM)
Trade : Buy
Entry : 70.75
Target : 117.43 (46.68, +65.98%)
Stop : 58.42 (-12.33, -17.43%)
Posted on Sunday, May 16, 2021

Note : It may be the time to pay attention to gold mining stocks. Newmont (NYSE:NEM) is leading the mining stocks, and its stock price has broken out 69.40 line, a very meaningful level. We need to pay attention to this. If my view is right, its stock is likely to rise over 115. Resistances would be 93.78, 117.43 and 219. Support could be 58.42.
Mining Stock Trading Book

[NYSE: Newmont Goldcorp monthly chart]
NYSE:NEM Newmont Goldcorp stock price forecast, Buy, Target 117.43 (+65.98%)
[Real Time Precious metal prices]