We need an entire day above the "max time" level mentioned on the chart for a 16-day rally towards $28/sh.
Earnings are due in 7 days, so be mindful of that. If you can't accept a major move against you, then don't take this trade.
If the buy signal triggers, then we can look for a rally for 16 days that could carry up to the measurement from the low up to the "max time" (22.20 up to 25.14 = almost 3pts up to 28 for a target).
Note how well NEM has moved with these "TIME AT MODE" concepts in the past. Note the many other "time at mode" charts I have presented here at TradingView.
25.36 last NEM
Tim 1:02AM EST 7/22/2014
Earnings are due in 7 days, so be mindful of that. If you can't accept a major move against you, then don't take this trade.
If the buy signal triggers, then we can look for a rally for 16 days that could carry up to the measurement from the low up to the "max time" (22.20 up to 25.14 = almost 3pts up to 28 for a target).
Note how well NEM has moved with these "TIME AT MODE" concepts in the past. Note the many other "time at mode" charts I have presented here at TradingView.
25.36 last NEM
Tim 1:02AM EST 7/22/2014
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.