"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, February 29, 2012

Newmont (NEM) still holding support zone...

I have not bought NEM (preferring for now, the royalty model of RGLD, SLW, etc.), but still keep an eye on its chart, which continues to look good.  If the chart wants to do what I tell it to do, NEM 'should' bounce here at the EMA 200.  If it does, the target is around 68.

 













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at 2/29/2012 07:30:00 AM
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1 comment:

  1. Morgan Stanley Is The Rosetta Brick - Part 2
    http://chartistfriendfrompittsburgh.blogspot.com/2012/02/morgan-stanley-is-rosetta-brick-part-2.html

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