May. 30 at 6:14 PM
The Company: Newmont Corporation (
$NEM) 🏆
When macro uncertainty hits, capital flows to safety, and
$NEM is the premier destination! As the only gold miner in the S&P 500, they are perfectly positioned to capture massive institutional inflows this year. 🦾🏦
The Setup: Pure structural beauty on the macro timeframe! 📊
Squeezing tight against a suffocating short-term trendline. ⚔️
Smart money is quietly loading up shares right in this consolidation zone. 🛒
The setup is a coiled spring waiting for the next volume trigger to send it higher! ⚡️
The Confirmation: 🛑
🐂 Bulls: Break and hold above
$115.00 to confirm the structural continuation and let it run! 🚀
🐻 Bears: Lose the
$105.00 floor, and the bullish earnings narrative stalls out instantly. 📉
#NEM #TechnicalAnalysis #StocksToWatch #hovdid