So last eve. I get an email alert that NEM will be releasing their earnings this morning before the market opens. Naturally, I go to the chart to see what I think they will be. The chart shows an extremely bullish bottoming pattern BUT being slightly overbought and trading between the 50 and 200 day mvg.avgs. It could have had good news that would send it up to the 200 day but was more likely to have negative news that would drop it to the 50 day. A miss has it trading down pre market and as expected it should at least hit the 50 day today. A good place to add or initiate a position as the chart is carving out a nice inverted H&S pattern.