NEM – Newmont Mining (Last:57.12)

Newmont Mining (NEM) price chart with targetsNewmont slightly exceeded a key support yesterday — a Hidden Pivot midpoint at 55.88 — but only by seven cents, so we’ll assume that it is still intact.  If the stock should close below the pivot, however, or trade more  than 10 cents below it intraday, that would indicate a likelihood of further slippage to as low as 51.54, our midpoint’s ‘D’ sibling.