NEM LongNewmont CorporationBATS:NEMvladislav_xoNewmont (NEM) has all the ingredients I look for. After a strong prior uptrend, price went through a sharp shakeout, then built a clean, sideways base right on long‑term trendline support. Volatility is contracting and volume is drying up through the base, classic VCP‑style action that signals supply getting absorbed. The stock is a leader in the precious‑metals space, backed by strong recent earnings beats, robust cash flow, and a sizable buyback that support the bull case if price can clear resistance. My setup: Entry: Breakout through the top of the base on heavy volume Stop: Below the recent swing lows at the bottom of the base Target: A measured move at least equal to the height of the base, with room for extension if momentum kicks in I am not chasing inside the range; I am waiting for a decisive pivot break with volume confirmation. If it triggers, this is a high‑quality swing setup with clearly defined risk and attractive reward.