Chart of the Day: $NEM, Newmont Goldcorp, $42.18

12/26/19
“Chart of the Day”
$NEM
$42.18

Closed at a new 3-year high, which is a bullish signal. New highs are the most bullish price signal there is. Key support on any pullback is 40 and then 38.50. $NEM also had a successful test of the rising 200-day moving average in November.