up 5.5%, closed hod, page-6

  1. 5,316 Posts.
    re: $11.10 in $a NCP got upgrade to a buy recommendation by one of the US broker called Fahnestock last night. On Thursday night the stock drop 6.5% and last night it jump up 5.5% with 2,372,400 millions share traded. The average daily volume is 1,483,010 millions. To me that's very bullish to jump up that much after one day of announcing the takeover of DirecTV.

    Also, the Retail Sales and Consumer Sentinment Index figures released in the US overnight were much higher than expected. These figures have always been interpret as very positive for NCP.

    NCP should open around $11.10 on Monday and if it can closes above $11, we might have more upside to come.

    This is just my opinions.
 
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