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This from Richard Russell on NEM, often the market leader for...

  1. rowingboat
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    05/04/10
    11:59
    Post #: 6532909
    This from Richard Russell on NEM, often the market leader for gold stocks.

    April 1, 2010. Newmont is a leading gold stock, and Ive been recommending it. This is the kind of pattern you see in leading stocks in a bull market. NEM has formed a large head and shoulders formation. This morning it advanced over two dollars, and in doing so it broke out above its right shoulder. The stock should now be heading considerably higher (P&F upside count is 73).





    http://www.321gold.com/editorials/russell/russell040210.html
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    lightbulb Created with Sketch.  Great analysis
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