This post was just published on ZYX Short Sell Change Alert.
Gold miner NEM is short from $27.34 and 40% of the full core position size is being held. The target zone has been $22. to $23.75. It is trading at $23.77 in the premarket.
Consider taking profits and exiting the position in the target zone.
Full disclosure: A long position on NEM has been entered in ZYX Buy Change Alert.
Caution: Investors who subscribe to both ZYX Buy Change Alert and ZYX Short Sell Change Alert, please note that this is a buy to cover of a short position and does not impact the new call to go long on NEM.
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