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Is NEM set to rally? New Uptrend shows up after sinking 3.1%
NEM closed down 3.1% on Thursday, August 13th, with volume running 0.9× below average. Multiple bullish signals emerged — New Uptrend, Upper Bollinger Band Walk & Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 113.11, 112.03 & 110.78, with resistance at 115.44, 116.69 & 117.77. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NEM: A
Today’s move could mean more—check all the signals for NEM on SwingTradeBot.
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