Tuesday, January 24, 2023

Newmont Mining (NEM) phat finger

 Newmont Mining (NEM) freak trade

Newmont Mining (NEM), the second largest market cap stock on the US listed gold miners list, apparently did a fat finger trade, a mistake human or machine, on low volume, today. So, to analyze this thing on a closing price basis, vs. the high/low, the next short term overhead reversal price is $54.35, trading today at the moment at $53.31. We are assuming the stock is not blo'd up. We'll see.

stock chart below, comments welcome:

Newmont Mining (NEM)




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