$NEM - RC -
Added 2023-12-15 04:01:15 +0000 UTC$NEM has spent the last 2 years in this ABC correction and recently found support on its historical yellow support line in between the 0.618 - 0.78 Fib levels.
It was also in a descending wedge leading to this this point too, it has bounced well and has broken out of its wedge, a break above the 200 Day MA here and the price can move up to the First and Second Targets above.
Just one bounce so far so we need to see more price action before we can count this move but for now, the targets above are a good guide until then.
