NEM – Newmont Mining (Last:58.77)

Newmont Mining (NEM) price chart with targetsNewmont suffered damage equal to that of gold futures as a result of last Thursday’s downdraft, and the stock will now need to hold above 57.59, a midpoint support, if it is to avoid diving down its ‘d’ sibling at 55.42.  Alternatively, a print at 60.75 over the next day or two is where the very lesser charts would begin to look bullish once again.