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Friday, July 29, 2005 4:49:46 PM
NEM Head and Shoulders?
Head and shoulders on the daily which would project down to 30-32 area. From a value standpoint and a multi-year chart view such a retrace would be very normal. Could still go either way, but at a min, NEM needs to break daily downtrend line.
Head and shoulders on the daily which would project down to 30-32 area. From a value standpoint and a multi-year chart view such a retrace would be very normal. Could still go either way, but at a min, NEM needs to break daily downtrend line.
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