NCM was my first ever gold play, bought at $14, jumped to $15, happy week. I went in big. In the days that followed I could not believe what we all watched. I had four stops in the 11s and 10s and got whipped. Still can't believe it's settled in 9's today. I took the near lows today on Medusa and hope for a short term bounce, build cash, then go all in on NCM. I am a sucker for punishment.
I think the techs might be onto something with the 9.07 support but if it goes under then the 7's extremists might prove to be the gurus. NCM should have bounced today, but misfired which does not inspire confidence. She is a wild beast.
NCM Price at posting:
$9.74 Sentiment: None Disclosure: Not Held
