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NEWMONT CORPORATION Stock Hits Short Price Target Forecast with 17.49% Profit

July 14, 2022
NEWMONT CORPORATION (NEWM) investors recently celebrated as the stock hit the short price target forecast set by QuantWave on May 20, 2022. The forecast signal date saw the stock trading at $60.31, with the predicted direction being short. Fast forward to July 14, 2022, NEWM reached a price of $49.76, marking a significant 17.49% profit for investors who followed QuantWave's analytics.

Market analysis suggests that several factors contributed to NEWM's movement, including fluctuations in gold prices, company performance reports, and overall market sentiment towards the precious metals sector. QuantWave's accurate forecast demonstrates the platform's reliability in providing valuable insights for investors seeking profitable trading opportunities in the stock market.

QuantWave stands out as an automated forecasting platform where users can access predictions for a wide range of stocks, offering potential profits for those who utilize the system effectively. For investors looking to enhance their understanding of QuantWave's investment strategy, QuantSchool provides comprehensive educational resources. By delving into QuantSchool's professional investment framework, users can uncover the key principles for generating consistent income using the QuantWave forecasting system.

Find out how the NEWMONT CORPORATION rate is expected to change

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