NEM has been in oversold territory for many days and appears to be consolidating here as it's held support. I believe short term commodities have bottomed (copper, gold etc) and NEM is attractive here. I would expect a bounce to $60-65 in coming weeks.
Trade active
Purchased 240 October 21, 2022 $52.50 calls. NEM should see $60 in coming weeksNote
Added 260 more calls. Total of 500 calls.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.