NEM breakout and price gap

Discussion in 'Stocks' started by Stocks4life, Jun 3, 2013.

  1. good 10% price gap, also look at NG for very similar chart pattern

    BREAKOUT CONFIRMED breakout above 34.74, no resistance in area just above.
    Type: Continuation breakout from single resistance.
    Target: 37.43, 6% Stop: 34.28, Loss: 2.9%, Profit/Loss ratio: 2.1 : 1 - Fair

    CURRENT PRICE 35.31, just above resistance, 34.14 ± 0.58, type single, strength 5
    RESISTANCE ABOVE +10.1% at 38.86 ± 0.66, type double, strength 10
    +16.5% at 41.14 ± 0.7, type double, strength 9

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=NEM
     
  2. up another percent. Alan Brochstein on Marketfy recently recommended this