For today's chart we've chosen to take a look at NEM because the bears have pushed the price toward a very interesting support level. As you can see from the chart below, the ascending trendline has been able to prop up the price of NEM several times over the past six years and it will be interesting to see if this support will be able to hold again. We'll keep a long-term bullish outlook on NEM until we see the price close below $42.00
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