Take a look at the volume on NXG over the last 3 days. Its increasing by about 250k to 300k per day with the stock trading just under the 200SMA (1.66). Big buying or big selling at this point. They had an excellent report regarding their earnings. I don't see why anyone would be selling them off.
*NEM - so far today, it has formed one hell of a tail on the daily candlestick... and let's not forget... tomorrow at 8:30 am: Goods & Services Trade Balance - Jan.
Given today's current range of 46.46-45.33, a close over 45.9 would be bullish while a close below 45.89 would be bearish, more credence would be given to either side depending on how far it deviated from the midpoint at 45.895...
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