support for 21.50, page-35

I'm hearing you Snider.

I'm trying to identify the timing of a short term bounce (5%-8%). Not necessarily the 12 month low, multi year low or all time low on this company.

But I agree that it is now likely, given the close proximity to 20.89, NCM will go down to that area to pay a visit.

Aussie Bulls: It works off the Japanese Candle Stick system and candle stick analysis does have merit. Unfortunately, the previous day's (doji star) and yesterday's candle that triggered the buy signal (normally a sound buy signal), was tricked by the fall in gold price overnight. Aussie bulls can be used as a guide, but doesn't work in a tricky market
with extreme bearishness.