NEM – Newmont Mining (Last:50.30)

Newmont Mining (NEM) price chart with targetsWe hold 400 shares purchased overnight Tuesday at 50.40. Since the stock could fall to as low as 48.10 if it breaks down here, set a stop-loss at 49.94.  You should plan on re-buying at 48.15, no stop, good-till-canceled.  I’ve included a chart that shows night-session price bars on the 5-minute chart.  ______ UPDATE (11:56 a.m EDT): Raise the stop-loss to 50.18.