Replies to post #203354 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

I have reduced my position markedly. I think that a countermove is imminent in the miners.

[Newly2b]

Hi, kmjb,

You didn't ask me, and Zeev I ain't, but here's my take on NEM:

On daily, recent double top resolved into falling wedge with b/o on 2/5. First target around $48.10 may take awhile (Res 45.8 to 46 area). I'll probably sell some just around there if it makes it to that point before pullback to around the b/o point or slightly higher in next week or so (buy op). Ultimate target (L/T)>$50 by Fall.

Just my take, FWIW.

Newly