Today we will analyze the stock NEWMONT MNG CDA EXCHANGABLE SHS (NMC.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in NEWMONT MNG CDA EXCHANGABLE SHS (NMC.TO)
1- Last bearish trend was from 64.20 $ (7/9/2010) to 56.96 $ (8/3/2010) a 7.24 $ move 2- The current bullish trend started from 56.96 $ at 8/3/2010 and is currently trading at 63.55 $.
3- NMC.TO current support level is at 61.43 which is the 61.80 % fibonacci retracement of the last 7.24 $ move.
4- NMC.TO current resistance level is at 64.20 which is the 100.00 % fibonacci retracement of the last 7.24 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
NEWMONT MNG CDA EXCHANGABLE SHS (NMC.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 64.200 and 65.880 that was broken up at 59.000 transforming into a supporting line.
NEWMONT MNG CDA EXCHANGABLE SHS (NMC.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 56.960 and 55.060, and is currently supporting at 57.774.
NEWMONT MNG CDA EXCHANGABLE SHS (NMC.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 56.960 and 45.930, and is currently supporting at 58.784.

Stock Trading Conclusion:
NEWMONT MNG CDA EXCHANGABLE SHS (NMC.TO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 64.20, 66.17, 68.67.
Stock Support levels : 61.99, 61.43, 61.03, 60.58, 60.25, 59.73, 59.48, 58.78, 58.67, 57.77, 56.96,.