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Is NEM set to breakout? NR7 shows up after slipping 3.89%
On Tuesday, June 23rd, NEM moved down 3.89% while volume was to 0.7× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and NR7-2 and Narrow Range Bar) suggest a potential shift in market dynamics. Key support levels exist at 96.96, 96.07 & 94.94, with resistance at 98.97, 100.1 & 100.99.
Current SwingTradeBot Technical Rating of NEM: D
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