Breakouts: 12 May 2021
A look at Mondi, Naspers and US stock Newmont Mining
![Breakouts: 12 May 2021](/content/images/size/w1200/2021/05/EQU.ZA.NPN.png)
JSE:MNP (Mondi)
![](https://stockpicks.co.za/content/images/2021/05/mnp12.png)
Negative breakout. Lower low but still looking ok due to the levels of support, ascending triangle still in tact and moving averages poiting up.
JSE:NPN (Naspers)
![](https://stockpicks.co.za/content/images/2021/05/npn12.png)
Negative breakout. Inverse cup and handle break. Break of trendline. Not looking good at all.
US:NEM (Newmont Mining Corporation)
![](https://stockpicks.co.za/content/images/2021/05/nem12.png)
Positive breakout. Series of higher highs and lows. Incoming golden cross. Still some resistance at $70.
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